Key credit figures
| |
2017*
|
2016 |
2015 |
2014 |
2013 |
2012 |
2011 |
2010 |
2009 |
2008 |
2007 |
| Return on equity (ROE), % |
16.0 |
15.6 |
20.2 |
18.0 |
21.4 |
20.1 |
17.5 |
25.0 |
29.2 |
30.8 |
20.8 |
| Net interest-bearing loan capital |
234
|
150 |
372 |
94 |
276 |
567 |
58 |
-165 |
414 |
455 |
-27 |
| Gearing |
0.10 |
0.07 |
0.17 |
0.05 |
0.15 |
0.32 |
0.04 |
-0.09 |
0.28 |
0.39 |
-0.01 |
| Solvency, % |
46.3 |
47.6 |
44.6 |
43.5 |
43.9 |
41.3 |
41.3 |
40.8 |
40.0 |
34.3 |
45.9 |
* Figures for 2017 have been restated due to the adoption of IFRS 15.
Credit programmes
The information below is from the Stock Exchange Release published on 23 October 2018.
Wärtsilä had interest-bearing debt totalling EUR 874 million (729) at the end of September 2018. At the end of December 2017, the interest-bearing debt totalled EUR 619 million. The total amount of short-term debt maturing within the next 12 months was EUR 129 million. Long-term loans amounted to EUR 746 million. Net interest-bearing debt totalled EUR 647 million (432) and gearing was 0.28 (0.20).
Ratings
Wärtsilä has not issued bonds to the market and thus has never had a company rating available or analyst coverage for debt instruments.