Outokumpu Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Outokumpu Oyj has a total shareholder equity of €3.8B and total debt of €274.0M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are €5.9B and €2.2B respectively. Outokumpu Oyj's EBIT is €163.0M making its interest coverage ratio 3.9. It has cash and short-term investments of €529.0M.
Key information
7.3%
Debt to equity ratio
€274.00m
Debt
Interest coverage ratio | 3.9x |
Cash | €529.00m |
Equity | €3.76b |
Total liabilities | €2.17b |
Total assets | €5.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OUTK.Y's short term assets (€2.8B) exceed its short term liabilities (€1.5B).
Long Term Liabilities: OUTK.Y's short term assets (€2.8B) exceed its long term liabilities (€699.0M).
Debt to Equity History and Analysis
Debt Level: OUTK.Y has more cash than its total debt.
Reducing Debt: OUTK.Y's debt to equity ratio has reduced from 46.2% to 7.3% over the past 5 years.
Debt Coverage: OUTK.Y's debt is well covered by operating cash flow (118.6%).
Interest Coverage: OUTK.Y's interest payments on its debt are well covered by EBIT (3.9x coverage).