AB Zemaitijos pienas Balance Sheet Health
Financial Health criteria checks 6/6
AB Zemaitijos pienas has a total shareholder equity of €123.7M and total debt of €10.0M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are €166.5M and €42.7M respectively. AB Zemaitijos pienas's EBIT is €25.4M making its interest coverage ratio 47.6. It has cash and short-term investments of €18.2M.
Key information
8.1%
Debt to equity ratio
€9.97m
Debt
Interest coverage ratio | 47.6x |
Cash | €18.25m |
Equity | €123.74m |
Total liabilities | €42.73m |
Total assets | €166.48m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IU8's short term assets (€94.2M) exceed its short term liabilities (€28.3M).
Long Term Liabilities: IU8's short term assets (€94.2M) exceed its long term liabilities (€14.5M).
Debt to Equity History and Analysis
Debt Level: IU8 has more cash than its total debt.
Reducing Debt: IU8's debt to equity ratio has reduced from 11.1% to 8.1% over the past 5 years.
Debt Coverage: IU8's debt is well covered by operating cash flow (462.2%).
Interest Coverage: IU8's interest payments on its debt are well covered by EBIT (47.6x coverage).