AS Amber Latvijas balzams Balance Sheet Health
Financial Health criteria checks 6/6
AS Amber Latvijas balzams has a total shareholder equity of €141.3M and total debt of €1.2M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are €201.8M and €60.5M respectively. AS Amber Latvijas balzams's EBIT is €4.2M making its interest coverage ratio -3.9. It has cash and short-term investments of €110.5K.
Key information
0.9%
Debt to equity ratio
€1.25m
Debt
Interest coverage ratio | -3.9x |
Cash | €110.52k |
Equity | €141.28m |
Total liabilities | €60.52m |
Total assets | €201.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UM9's short term assets (€153.3M) exceed its short term liabilities (€58.6M).
Long Term Liabilities: UM9's short term assets (€153.3M) exceed its long term liabilities (€1.9M).
Debt to Equity History and Analysis
Debt Level: UM9's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: UM9's debt to equity ratio has reduced from 4.2% to 0.9% over the past 5 years.
Debt Coverage: UM9's debt is well covered by operating cash flow (438.5%).
Interest Coverage: UM9 earns more interest than it pays, so coverage of interest payments is not a concern.