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AS Baltika Balance Sheet Health
Financial Health criteria checks 2/6
AS Baltika has a total shareholder equity of €3.1M and total debt of €4.3M, which brings its debt-to-equity ratio to 141.4%. Its total assets and total liabilities are €14.4M and €11.3M respectively.
Key information
141.4%
Debt to equity ratio
€4.34m
Debt
| Interest coverage ratio | n/a |
| Cash | €129.00k |
| Equity | €3.07m |
| Total liabilities | €11.29m |
| Total assets | €14.35m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: BLT1T's short term assets (€5.4M) do not cover its short term liabilities (€7.2M).
Long Term Liabilities: BLT1T's short term assets (€5.4M) exceed its long term liabilities (€4.1M).
Debt to Equity History and Analysis
Debt Level: BLT1T's net debt to equity ratio (137.2%) is considered high.
Reducing Debt: BLT1T's debt to equity ratio has reduced from 199.3% to 141.4% over the past 5 years.
Debt Coverage: BLT1T's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BLT1T's interest payments on its debt are well covered by EBIT.