Adriatic Croatia International Club za djelatnost marina d.d Balance Sheet Health
Financial Health criteria checks 6/6
Adriatic Croatia International Club za djelatnost marina d.d has a total shareholder equity of €68.2M and total debt of €6.1M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are €89.4M and €21.3M respectively. Adriatic Croatia International Club za djelatnost marina d.d's EBIT is €3.2M making its interest coverage ratio -6.9. It has cash and short-term investments of €31.2M.
Key information
8.9%
Debt to equity ratio
€6.05m
Debt
| Interest coverage ratio | -6.9x |
| Cash | €31.25m |
| Equity | €68.18m |
| Total liabilities | €21.26m |
| Total assets | €89.44m |
Recent financial health updates
We Think Adriatic Croatia International Club d.d (ZGSE:ACI) Can Stay On Top Of Its Debt
May 12
Is Adriatic Croatia International Club d.d (ZGSE:ACI) Weighed On By Its Debt Load?
Jan 19
Recent updates
Investors Will Want Adriatic Croatia International Club za djelatnost marina d.d's (ZGSE:ACI) Growth In ROCE To Persist
Oct 26We Think Adriatic Croatia International Club d.d (ZGSE:ACI) Can Stay On Top Of Its Debt
May 12Be Wary Of Adriatic Croatia International Club d.d (ZGSE:ACI) And Its Returns On Capital
Apr 09Should You Buy Adriatic Croatia International Club d.d. (ZGSE:ACI) For Its Dividend?
Mar 05Is Adriatic Croatia International Club d.d (ZGSE:ACI) Weighed On By Its Debt Load?
Jan 19Does It Make Sense To Buy Adriatic Croatia International Club d.d. (ZGSE:ACI) For Its Yield?
Nov 19Financial Position Analysis
Short Term Liabilities: ACI's short term assets (€36.1M) exceed its short term liabilities (€14.5M).
Long Term Liabilities: ACI's short term assets (€36.1M) exceed its long term liabilities (€6.8M).
Debt to Equity History and Analysis
Debt Level: ACI has more cash than its total debt.
Reducing Debt: ACI's debt to equity ratio has reduced from 20% to 8.9% over the past 5 years.
Debt Coverage: ACI's debt is well covered by operating cash flow (180.6%).
Interest Coverage: ACI earns more interest than it pays, so coverage of interest payments is not a concern.