Fiskars Oyj Abp Balance Sheet Health
Financial Health criteria checks 3/6
Fiskars Oyj Abp has a total shareholder equity of €750.8M and total debt of €429.5M, which brings its debt-to-equity ratio to 57.2%. Its total assets and total liabilities are €1.6B and €887.0M respectively. Fiskars Oyj Abp's EBIT is €19.4M making its interest coverage ratio 0.7. It has cash and short-term investments of €47.3M.
Key information
57.2%
Debt to equity ratio
€429.50m
Debt
| Interest coverage ratio | 0.7x |
| Cash | €47.30m |
| Equity | €750.80m |
| Total liabilities | €887.00m |
| Total assets | €1.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FKRA.F's short term assets (€603.1M) exceed its short term liabilities (€384.7M).
Long Term Liabilities: FKRA.F's short term assets (€603.1M) exceed its long term liabilities (€502.3M).
Debt to Equity History and Analysis
Debt Level: FKRA.F's net debt to equity ratio (50.9%) is considered high.
Reducing Debt: FKRA.F's debt to equity ratio has increased from 30.1% to 57.2% over the past 5 years.
Debt Coverage: FKRA.F's debt is well covered by operating cash flow (31.2%).
Interest Coverage: FKRA.F's interest payments on its debt are not well covered by EBIT (0.7x coverage).