Elisa Oyj Balance Sheet Health
Financial Health criteria checks 3/6
Elisa Oyj has a total shareholder equity of €1.2B and total debt of €1.3B, which brings its debt-to-equity ratio to 106.9%. Its total assets and total liabilities are €3.2B and €2.0B respectively. Elisa Oyj's EBIT is €482.4M making its interest coverage ratio 13.9. It has cash and short-term investments of €82.3M.
Key information
106.9%
Debt to equity ratio
€1.29b
Debt
| Interest coverage ratio | 13.9x |
| Cash | €82.30m |
| Equity | €1.21b |
| Total liabilities | €1.98b |
| Total assets | €3.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0I8Y's short term assets (€662.7M) do not cover its short term liabilities (€750.0M).
Long Term Liabilities: 0I8Y's short term assets (€662.7M) do not cover its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: 0I8Y's net debt to equity ratio (100%) is considered high.
Reducing Debt: 0I8Y's debt to equity ratio has reduced from 121.2% to 106.9% over the past 5 years.
Debt Coverage: 0I8Y's debt is well covered by operating cash flow (51.9%).
Interest Coverage: 0I8Y's interest payments on its debt are well covered by EBIT (13.9x coverage).