Key credit figures

 

2015 2014 2013 2012 2011 2010 2009 2008 2007
Return on equity (ROE), %  20.2 18.0 21.4 20.1 17.5 25.0 29.2 30.8 20.8
Net interest-bearing loan capital  372 94 276 567 58 -165 414 455 -27
Gearing  0.17 0.05 0.15 0.32 0.04 -0.09 0.28 0.39 -0.01
Solvency, %  44.6 43.5 43.9 41.3 41.3 40.8 40.0 34.3 45.9

 

Credit programmes

The information below is from the Stock Exchange Release published on July 20th 2016. 

Wärtsilä had interest-bearing debt totalling EUR 881 million (779) at the end of June 2016. At the end of December 2015, interest-bearing debt totalled EUR 724 million. The total amount of short-term debt maturing within the next 12 months was EUR 336 million. Long-term loans amounted to EUR 545 million. Net interest-bearing debt totalled EUR 517 million (495) and gearing was 0.25 (0.25).

Ratings

Wärtsilä has not issued bonds to the market and thus has never had a company rating available or analyst coverage for debt instruments.