Huhtamäki Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Huhtamäki Oyj has a total shareholder equity of €2.0B and total debt of €1.6B, which brings its debt-to-equity ratio to 81.1%. Its total assets and total liabilities are €4.8B and €2.8B respectively. Huhtamäki Oyj's EBIT is €327.0M making its interest coverage ratio 4.9. It has cash and short-term investments of €353.6M.
Key information
81.1%
Debt to equity ratio
€1.62b
Debt
| Interest coverage ratio | 4.9x |
| Cash | €353.60m |
| Equity | €2.00b |
| Total liabilities | €2.77b |
| Total assets | €4.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HOYF.F's short term assets (€1.7B) exceed its short term liabilities (€1.1B).
Long Term Liabilities: HOYF.F's short term assets (€1.7B) exceed its long term liabilities (€1.7B).
Debt to Equity History and Analysis
Debt Level: HOYF.F's net debt to equity ratio (63.4%) is considered high.
Reducing Debt: HOYF.F's debt to equity ratio has reduced from 81.3% to 81.1% over the past 5 years.
Debt Coverage: HOYF.F's debt is well covered by operating cash flow (33.1%).
Interest Coverage: HOYF.F's interest payments on its debt are well covered by EBIT (4.9x coverage).