Bodegas Riojanas Balance Sheet Health
Financial Health criteria checks 2/6
Bodegas Riojanas has a total shareholder equity of €20.7M and total debt of €22.3M, which brings its debt-to-equity ratio to 107.6%. Its total assets and total liabilities are €56.5M and €35.8M respectively. Bodegas Riojanas's EBIT is €503.0K making its interest coverage ratio 1. It has cash and short-term investments of €157.0K.
Key information
107.6%
Debt to equity ratio
€22.30m
Debt
Interest coverage ratio | 1x |
Cash | €157.00k |
Equity | €20.72m |
Total liabilities | €35.77m |
Total assets | €56.50m |
Financial Position Analysis
Short Term Liabilities: RIO's short term assets (€39.5M) exceed its short term liabilities (€25.9M).
Long Term Liabilities: RIO's short term assets (€39.5M) exceed its long term liabilities (€9.8M).
Debt to Equity History and Analysis
Debt Level: RIO's net debt to equity ratio (106.9%) is considered high.
Reducing Debt: RIO's debt to equity ratio has increased from 107% to 107.6% over the past 5 years.
Debt Coverage: RIO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RIO's interest payments on its debt are not well covered by EBIT (1x coverage).