Bodegas Riojanas Balance Sheet Health
Financial Health criteria checks 4/6
Bodegas Riojanas has a total shareholder equity of €20.6M and total debt of €22.3M, which brings its debt-to-equity ratio to 108.3%. Its total assets and total liabilities are €53.6M and €33.0M respectively. Bodegas Riojanas's EBIT is €410.0K making its interest coverage ratio 0.7. It has cash and short-term investments of €182.0K.
Key information
108.3%
Debt to equity ratio
€22.30m
Debt
| Interest coverage ratio | 0.7x |
| Cash | €182.00k |
| Equity | €20.59m |
| Total liabilities | €33.03m |
| Total assets | €53.62m |
Financial Position Analysis
Short Term Liabilities: RIO's short term assets (€36.8M) exceed its short term liabilities (€22.8M).
Long Term Liabilities: RIO's short term assets (€36.8M) exceed its long term liabilities (€10.3M).
Debt to Equity History and Analysis
Debt Level: RIO's net debt to equity ratio (107.4%) is considered high.
Reducing Debt: RIO's debt to equity ratio has reduced from 119.6% to 108.3% over the past 5 years.
Debt Coverage: RIO's debt is well covered by operating cash flow (23%).
Interest Coverage: RIO's interest payments on its debt are not well covered by EBIT (0.7x coverage).