Fiskars Oyj Abp Balance Sheet Health
Financial Health criteria checks 3/6
Fiskars Oyj Abp has a total shareholder equity of €759.3M and total debt of €414.8M, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are €1.7B and €911.3M respectively. Fiskars Oyj Abp's EBIT is €55.3M making its interest coverage ratio 2.5. It has cash and short-term investments of €53.7M.
Key information
54.6%
Debt to equity ratio
€414.80m
Debt
Interest coverage ratio | 2.5x |
Cash | €53.70m |
Equity | €759.30m |
Total liabilities | €911.30m |
Total assets | €1.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FKRA.F's short term assets (€641.0M) exceed its short term liabilities (€408.8M).
Long Term Liabilities: FKRA.F's short term assets (€641.0M) exceed its long term liabilities (€502.5M).
Debt to Equity History and Analysis
Debt Level: FKRA.F's net debt to equity ratio (47.6%) is considered high.
Reducing Debt: FKRA.F's debt to equity ratio has increased from 17.7% to 54.6% over the past 5 years.
Debt Coverage: FKRA.F's debt is well covered by operating cash flow (44.9%).
Interest Coverage: FKRA.F's interest payments on its debt are not well covered by EBIT (2.5x coverage).