Arena Hospitality Group d.d Balance Sheet Health
Financial Health criteria checks 1/6
Arena Hospitality Group d.d has a total shareholder equity of €213.4M and total debt of €189.9M, which brings its debt-to-equity ratio to 89%. Its total assets and total liabilities are €470.3M and €256.9M respectively. Arena Hospitality Group d.d's EBIT is €8.3M making its interest coverage ratio 2.4. It has cash and short-term investments of €50.3M.
Key information
89.0%
Debt to equity ratio
€189.90m
Debt
| Interest coverage ratio | 2.4x |
| Cash | €50.35m |
| Equity | €213.44m |
| Total liabilities | €256.86m |
| Total assets | €470.29m |
Recent financial health updates
We Think Arena Hospitality Group d.d (ZGSE:ARNT) Has A Fair Chunk Of Debt
May 21
Is Arena Hospitality Group d.d. za turizam i ugostiteljstvo (ZGSE:ARNT) Using Too Much Debt?
Jan 23Recent updates
One Arena Hospitality Group d.d. (ZGSE:ARNT) Analyst Just Cut Their EPS Forecasts
Mar 26We Think Arena Hospitality Group d.d (ZGSE:ARNT) Has A Fair Chunk Of Debt
May 21Arena Hospitality Group d.d's (ZGSE:ARNT) Stock Price Has Reduced 25% In The Past Three Years
Mar 03Is Arena Hospitality Group d.d. za turizam i ugostiteljstvo (ZGSE:ARNT) Using Too Much Debt?
Jan 23Do Institutions Own Arena Hospitality Group d.d. za turizam i ugostiteljstvo (ZGSE:ARNT) Shares?
Dec 25
Would Shareholders Who Purchased Arena Hospitality Group d.d. za turizam i ugostiteljstvo's (ZGSE:ARNT) Stock Three Years Be Happy With The Share price Today?
Nov 20Financial Position Analysis
Short Term Liabilities: ARNT's short term assets (€55.4M) exceed its short term liabilities (€51.5M).
Long Term Liabilities: ARNT's short term assets (€55.4M) do not cover its long term liabilities (€205.4M).
Debt to Equity History and Analysis
Debt Level: ARNT's net debt to equity ratio (65.4%) is considered high.
Reducing Debt: ARNT's debt to equity ratio has increased from 57.3% to 89% over the past 5 years.
Debt Coverage: ARNT's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: ARNT's interest payments on its debt are not well covered by EBIT (2.4x coverage).