Arena Hospitality Group d.d Balance Sheet Health
Financial Health criteria checks 2/6
Arena Hospitality Group d.d has a total shareholder equity of €223.2M and total debt of €174.9M, which brings its debt-to-equity ratio to 78.4%. Its total assets and total liabilities are €469.1M and €245.9M respectively. Arena Hospitality Group d.d's EBIT is €10.7M making its interest coverage ratio 3.3. It has cash and short-term investments of €55.0M.
Key information
78.4%
Debt to equity ratio
€174.87m
Debt
| Interest coverage ratio | 3.3x |
| Cash | €54.97m |
| Equity | €223.16m |
| Total liabilities | €245.93m |
| Total assets | €469.09m |
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 (€63.7M) exceed its short term liabilities (€49.8M).
Long Term Liabilities: ARNT's short term assets (€63.7M) do not cover its long term liabilities (€196.2M).
Debt to Equity History and Analysis
Debt Level: ARNT's net debt to equity ratio (53.7%) is considered high.
Reducing Debt: ARNT's debt to equity ratio has increased from 54.8% to 78.4% over the past 5 years.
Debt Coverage: ARNT's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: ARNT's interest payments on its debt are well covered by EBIT (3.3x coverage).