Baltic Classifieds Group Balance Sheet Health
Financial Health criteria checks 4/6
Baltic Classifieds Group has a total shareholder equity of €333.5M and total debt of €54.1M, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are €403.7M and €70.2M respectively. Baltic Classifieds Group's EBIT is €34.2M making its interest coverage ratio 9.9. It has cash and short-term investments of €20.4M.
Key information
16.2%
Debt to equity ratio
€54.06m
Debt
Interest coverage ratio | 9.9x |
Cash | €20.45m |
Equity | €333.50m |
Total liabilities | €70.21m |
Total assets | €403.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BCGL's short term assets (€24.6M) exceed its short term liabilities (€12.1M).
Long Term Liabilities: BCGL's short term assets (€24.6M) do not cover its long term liabilities (€58.1M).
Debt to Equity History and Analysis
Debt Level: BCGL's net debt to equity ratio (10.1%) 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 (83.8%).
Interest Coverage: BCGL's interest payments on its debt are well covered by EBIT (9.9x coverage).