Updated 16.2.2022
| 2021 | 2020 | 2019 | 2018 | 2017* | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on equity (ROE), % | 8.6 | 5.8 | 9.0 | 16.1 | 16.0 | 15.6 | 20.2 | 18.0 | 21.4 | 20.1 | 17.5 | 25.0 |
| Net interest-bearing loan capital | 4 | 394 | 726 | 333 | 234 | 150 | 372 | 94 | 276 | 567 | 58 | -165 |
| Gearing | 0.00 | 0.18 | 0.30 | 0.14 | 0.10 | 0.07 | 0.17 | 0.05 | 0.15 | 0.32 | 0.04 | -0.09 |
| Solvency, % | 38.6 | 38.1 | 40.8 | 44.4 | 46.3 | 47.6 | 44.6 | 43.5 | 43.9 | 41.3 | 41.3 | 40.8 |
* Figures for 2017 have been restated due to the adoption of IFRS 15.
Credit programmes
The information below is from the Financial Statements Bulletin 2021 published on 28 January 2022.
Wärtsilä had interest-bearing debt totalling EUR 973 million at the end of the period (1,327 at the end of 2020). The total amount of short-term debt maturing within the next 12 months was EUR 121 million. Long-term loans amounted to EUR 851 million.
Net interest-bearing debt totalled EUR 4 million (394 at the end of 2020). Gearing was 0.00 (0.18 at the end of 2020), while the solvency ratio was 38.6% (38.1 at the end of 2020). Equity per share was 3.92 euro (3.68 at the end of 2020).
Ratings
Wärtsilä has not issued bonds to the market and thus has never had a company rating available or analyst coverage for debt instruments.
