Scanfil Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Scanfil Oyj has a total shareholder equity of €275.1M and total debt of €47.5M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are €518.0M and €242.9M respectively. Scanfil Oyj's EBIT is €59.0M making its interest coverage ratio 18.6. It has cash and short-term investments of €22.3M.
Key information
17.3%
Debt to equity ratio
€47.50m
Debt
Interest coverage ratio | 18.6x |
Cash | €22.30m |
Equity | €275.10m |
Total liabilities | €242.90m |
Total assets | €518.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0Q59's short term assets (€405.8M) exceed its short term liabilities (€217.4M).
Long Term Liabilities: 0Q59's short term assets (€405.8M) exceed its long term liabilities (€25.5M).
Debt to Equity History and Analysis
Debt Level: 0Q59's net debt to equity ratio (9.2%) is considered satisfactory.
Reducing Debt: 0Q59's debt to equity ratio has reduced from 30.8% to 17.3% over the past 5 years.
Debt Coverage: 0Q59's debt is well covered by operating cash flow (167.4%).
Interest Coverage: 0Q59's interest payments on its debt are well covered by EBIT (18.6x coverage).