Baltic Classifieds Group Balance Sheet Health
Financial Health criteria checks 4/6
Baltic Classifieds Group has a total shareholder equity of €334.2M and total debt of €49.2M, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are €400.3M and €66.2M respectively. Baltic Classifieds Group's EBIT is €38.3M making its interest coverage ratio 11.6. It has cash and short-term investments of €24.9M.
Key information
14.7%
Debt to equity ratio
€49.22m
Debt
| Interest coverage ratio | 11.6x |
| Cash | €24.86m |
| Equity | €334.15m |
| Total liabilities | €66.17m |
| Total assets | €400.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BCGL's short term assets (€29.3M) exceed its short term liabilities (€13.4M).
Long Term Liabilities: BCGL's short term assets (€29.3M) do not cover its long term liabilities (€52.8M).
Debt to Equity History and Analysis
Debt Level: BCGL's net debt to equity ratio (7.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if BCGL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BCGL's debt is well covered by operating cash flow (104%).
Interest Coverage: BCGL's interest payments on its debt are well covered by EBIT (11.6x coverage).