Wärtsilä Oyj Abp Balance Sheet Health
Financial Health criteria checks 6/6
Wärtsilä Oyj Abp has a total shareholder equity of €2.1B and total debt of €522.0M, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are €6.9B and €4.8B respectively. Wärtsilä Oyj Abp's EBIT is €425.0M making its interest coverage ratio 17. It has cash and short-term investments of €872.0M.
Key information
24.7%
Debt to equity ratio
€522.00m
Debt
Interest coverage ratio | 17x |
Cash | €872.00m |
Equity | €2.12b |
Total liabilities | €4.81b |
Total assets | €6.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WRTB.Y's short term assets (€4.3B) exceed its short term liabilities (€3.7B).
Long Term Liabilities: WRTB.Y's short term assets (€4.3B) exceed its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: WRTB.Y has more cash than its total debt.
Reducing Debt: WRTB.Y's debt to equity ratio has reduced from 42.3% to 24.7% over the past 5 years.
Debt Coverage: WRTB.Y's debt is well covered by operating cash flow (179.1%).
Interest Coverage: WRTB.Y's interest payments on its debt are well covered by EBIT (17x coverage).