Elisa Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Elisa Oyj has a total shareholder equity of €1.4B and total debt of €1.3B, which brings its debt-to-equity ratio to 91.3%. Its total assets and total liabilities are €3.1B and €1.8B respectively. Elisa Oyj's EBIT is €481.9M making its interest coverage ratio 18.1. It has cash and short-term investments of €84.1M.
Key information
91.3%
Debt to equity ratio
€1.25b
Debt
Interest coverage ratio | 18.1x |
Cash | €84.10m |
Equity | €1.37b |
Total liabilities | €1.77b |
Total assets | €3.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELMU.F's short term assets (€681.8M) exceed its short term liabilities (€639.1M).
Long Term Liabilities: ELMU.F's short term assets (€681.8M) do not cover its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: ELMU.F's net debt to equity ratio (85.2%) is considered high.
Reducing Debt: ELMU.F's debt to equity ratio has reduced from 108.3% to 91.3% over the past 5 years.
Debt Coverage: ELMU.F's debt is well covered by operating cash flow (52.9%).
Interest Coverage: ELMU.F's interest payments on its debt are well covered by EBIT (18.1x coverage).