Stora Enso Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Stora Enso Oyj has a total shareholder equity of €10.7B and total debt of €5.2B, which brings its debt-to-equity ratio to 48.3%. Its total assets and total liabilities are €20.4B and €9.7B respectively. Stora Enso Oyj's EBIT is €423.0M making its interest coverage ratio 3.3. It has cash and short-term investments of €2.0B.
Key information
48.3%
Debt to equity ratio
€5.18b
Debt
| Interest coverage ratio | 3.3x |
| Cash | €2.00b |
| Equity | €10.72b |
| Total liabilities | €9.67b |
| Total assets | €20.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STE A's short term assets (€4.9B) exceed its short term liabilities (€3.9B).
Long Term Liabilities: STE A's short term assets (€4.9B) do not cover its long term liabilities (€5.8B).
Debt to Equity History and Analysis
Debt Level: STE A's net debt to equity ratio (29.6%) is considered satisfactory.
Reducing Debt: STE A's debt to equity ratio has reduced from 59.7% to 48.3% over the past 5 years.
Debt Coverage: STE A's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: STE A's interest payments on its debt are well covered by EBIT (3.3x coverage).