Kemira Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Kemira Oyj has a total shareholder equity of €1.8B and total debt of €621.5M, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are €3.3B and €1.5B respectively. Kemira Oyj's EBIT is €301.5M making its interest coverage ratio 14.2. It has cash and short-term investments of €433.6M.
Key information
35.5%
Debt to equity ratio
€621.50m
Debt
| Interest coverage ratio | 14.2x |
| Cash | €433.60m |
| Equity | €1.75b |
| Total liabilities | €1.51b |
| Total assets | €3.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KOYJ.F's short term assets (€1.3B) exceed its short term liabilities (€833.8M).
Long Term Liabilities: KOYJ.F's short term assets (€1.3B) exceed its long term liabilities (€680.9M).
Debt to Equity History and Analysis
Debt Level: KOYJ.F's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: KOYJ.F's debt to equity ratio has reduced from 68.4% to 35.5% over the past 5 years.
Debt Coverage: KOYJ.F's debt is well covered by operating cash flow (72.8%).
Interest Coverage: KOYJ.F's interest payments on its debt are well covered by EBIT (14.2x coverage).