TietoEVRY Oyj

Helsinki Stock Exchange TIETO.HE

TietoEVRY Oyj Interest Coverage Ratio for the year ending December 31, 2023: 4.57

TietoEVRY Oyj Interest Coverage Ratio is 4.57 for the year ending December 31, 2023, a -55.28% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • TietoEVRY Oyj Interest Coverage Ratio for the year ending December 31, 2022 was 10.23, a -37.64% change year over year.
  • TietoEVRY Oyj Interest Coverage Ratio for the year ending December 31, 2021 was 16.40, a 170.63% change year over year.
  • TietoEVRY Oyj Interest Coverage Ratio for the year ending December 31, 2020 was 6.06, a -39.60% change year over year.
  • TietoEVRY Oyj Interest Coverage Ratio for the year ending December 31, 2019 was 10.04, a -71.64% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
Market news
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Helsinki Stock Exchange: TIETO.HE

TietoEVRY Oyj

CEO Mr. Kimmo Alkio
IPO Date Jan. 3, 2000
Location Finland
Headquarters Keilalahdentie 2-4
Employees 23,359
Sector Technology
Industries
Description

TietoEVRY Oyj operates as a software and services company. It operates through six segments: Digital Consulting, Cloud & Infra, Industry Software, Financial Services Solutions, International Operations, and Product Development Services. The Digital Consulting segment offers consulting services, including business and technology advisory, as well as system integration and managed application services. The Cloud & Infra segment provides automated solutions, which include managed cloud, security, and end-user services, as well as cloud migration advisory and transformation services. The Industry Software segment provides with industry-specific software products for business-critical processes of clients in the public and healthcare, and welfare sectors, as well as in the forest industry, and energy and oil and gas segments. The Financial Services Solutions segment offers real-time solution in the areas of payments, cards, wealth management, and credit, as well as BPO services. The Product Development Services segment offers software R&D services with a focus on the telecom sector, as well as new domains, such as automotive serving the communications infrastructure, consumer electronics, and semiconductor companies, and the automotive industry. It operates in Finland, Sweden, Norway, Austria, the Baltic countries, Russia, and internationally. The company was formerly known as Tieto Oyj and changed its name to TietoEVRY Oyj in December 2019. TietoEVRY Oyj was founded in 1968 and is headquartered in Espoo, Finland.

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StockViz Staff

January 15, 2025

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