Key credit figures
| |
2016 |
2015 |
2014 |
2013 |
2012 |
2011 |
2010 |
2009 |
2008 |
2007 |
| Return on equity (ROE), % |
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 |
150 |
372 |
94 |
276 |
567 |
58 |
-165 |
414 |
455 |
-27 |
| Gearing |
0.07 |
0.17 |
0.05 |
0.15 |
0.32 |
0.04 |
-0.09 |
0.28 |
0.39 |
-0.01 |
| Solvency, % |
47.6 |
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 2017.
Wärtsilä had interest-bearing debt totalling EUR 637 million (881) at the end of June 2017. At the end of December 2016, the interest-bearing debt totalled EUR 629 million. The total amount of short-term debt maturing within the next 12 months was EUR 90 million. Long-term loans amounted to EUR 547 million. Net interest-bearing debt totalled EUR 299 million (517) and gearing was 0.14 (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.