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 €69.0M and total debt of €5.7M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are €97.0M and €28.0M respectively. Adriatic Croatia International Club za djelatnost marina d.d's EBIT is €2.3M making its interest coverage ratio -3.6. It has cash and short-term investments of €37.5M.
Key information
8.3%
Debt to equity ratio
€5.70m
Debt
| Interest coverage ratio | -3.6x |
| Cash | €37.51m |
| Equity | €68.99m |
| Total liabilities | €27.97m |
| Total assets | €96.97m |
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 (€44.7M) exceed its short term liabilities (€21.6M).
Long Term Liabilities: ACI's short term assets (€44.7M) exceed its long term liabilities (€6.4M).
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 19% to 8.3% over the past 5 years.
Debt Coverage: ACI's debt is well covered by operating cash flow (259.5%).
Interest Coverage: ACI earns more interest than it pays, so coverage of interest payments is not a concern.