Harvia Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Harvia Oyj has a total shareholder equity of €114.9M and total debt of €95.4M, which brings its debt-to-equity ratio to 83%. Its total assets and total liabilities are €256.9M and €142.0M respectively. Harvia Oyj's EBIT is €37.9M making its interest coverage ratio 14.6. It has cash and short-term investments of €41.4M.
Key information
83.0%
Debt to equity ratio
€95.40m
Debt
| Interest coverage ratio | 14.6x |
| Cash | €41.44m |
| Equity | €114.92m |
| Total liabilities | €141.99m |
| Total assets | €256.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HRVF.F's short term assets (€113.6M) exceed its short term liabilities (€32.3M).
Long Term Liabilities: HRVF.F's short term assets (€113.6M) exceed its long term liabilities (€109.7M).
Debt to Equity History and Analysis
Debt Level: HRVF.F's net debt to equity ratio (47%) is considered high.
Reducing Debt: HRVF.F's debt to equity ratio has increased from 55.4% to 83% over the past 5 years.
Debt Coverage: HRVF.F's debt is well covered by operating cash flow (33.7%).
Interest Coverage: HRVF.F's interest payments on its debt are well covered by EBIT (14.6x coverage).