Mandatum Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Mandatum Oyj has a total shareholder equity of €1.6B and total debt of €548.8M, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are €18.0B and €16.4B respectively. Mandatum Oyj's EBIT is €238.3M making its interest coverage ratio 14.4. It has cash and short-term investments of €4.6B.
Key information
35.0%
Debt to equity ratio
€548.80m
Debt
| Interest coverage ratio | 14.4x |
| Cash | €4.58b |
| Equity | €1.57b |
| Total liabilities | €16.38b |
| Total assets | €17.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAND.F's short term assets (€4.6B) exceed its short term liabilities (€10.0M).
Long Term Liabilities: MAND.F's short term assets (€4.6B) do not cover its long term liabilities (€16.4B).
Debt to Equity History and Analysis
Debt Level: MAND.F has more cash than its total debt.
Reducing Debt: MAND.F's debt to equity ratio has increased from 3.1% to 35% over the past 5 years.
Debt Coverage: MAND.F's debt is well covered by operating cash flow (65.6%).
Interest Coverage: MAND.F's interest payments on its debt are well covered by EBIT (14.4x coverage).