Wärtsilä Oyj Abp Balance Sheet Health
Financial Health criteria checks 6/6
Wärtsilä Oyj Abp has a total shareholder equity of €2.2B and total debt of €591.0M, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are €6.8B and €4.6B respectively. Wärtsilä Oyj Abp's EBIT is €396.0M making its interest coverage ratio 13.7. It has cash and short-term investments of €819.0M.
Key information
26.5%
Debt to equity ratio
€591.00m
Debt
Interest coverage ratio | 13.7x |
Cash | €819.00m |
Equity | €2.23b |
Total liabilities | €4.57b |
Total assets | €6.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WRTB.F's short term assets (€4.3B) exceed its short term liabilities (€3.4B).
Long Term Liabilities: WRTB.F's short term assets (€4.3B) exceed its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: WRTB.F has more cash than its total debt.
Reducing Debt: WRTB.F's debt to equity ratio has reduced from 33.8% to 26.5% over the past 5 years.
Debt Coverage: WRTB.F's debt is well covered by operating cash flow (139.1%).
Interest Coverage: WRTB.F's interest payments on its debt are well covered by EBIT (13.7x coverage).