Mandatum Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Mandatum Oyj has a total shareholder equity of €1.5B and total debt of €249.9M, which brings its debt-to-equity ratio to 16.3%. Its total assets and total liabilities are €17.3B and €15.8B respectively. Mandatum Oyj's EBIT is €275.3M making its interest coverage ratio 18.9. It has cash and short-term investments of €789.0M.
Key information
16.3%
Debt to equity ratio
€249.90m
Debt
| Interest coverage ratio | 18.9x |
| Cash | €789.00m |
| Equity | €1.53b |
| Total liabilities | €15.76b |
| Total assets | €17.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAND.F's short term assets (€802.9M) exceed its short term liabilities (€1.2M).
Long Term Liabilities: MAND.F's short term assets (€802.9M) do not cover its long term liabilities (€15.8B).
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 3.4% to 16.3% over the past 5 years.
Debt Coverage: MAND.F's debt is well covered by operating cash flow (83.6%).
Interest Coverage: MAND.F's interest payments on its debt are well covered by EBIT (18.9x coverage).