HTP Korcula d.d Balance Sheet Health
Financial Health criteria checks 4/6
HTP Korcula d.d has a total shareholder equity of €18.1M and total debt of €5.0M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are €25.7M and €7.6M respectively. HTP Korcula d.d's EBIT is €313.5K making its interest coverage ratio 2.3. It has cash and short-term investments of €1.3M.
Key information
27.7%
Debt to equity ratio
€5.02m
Debt
| Interest coverage ratio | 2.3x |
| Cash | €1.31m |
| Equity | €18.09m |
| Total liabilities | €7.64m |
| Total assets | €25.73m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HTPK's short term assets (€2.7M) exceed its short term liabilities (€2.6M).
Long Term Liabilities: HTPK's short term assets (€2.7M) do not cover its long term liabilities (€5.1M).
Debt to Equity History and Analysis
Debt Level: HTPK's net debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: HTPK's debt to equity ratio has reduced from 53.2% to 27.7% over the past 5 years.
Debt Coverage: HTPK's debt is well covered by operating cash flow (35.7%).
Interest Coverage: HTPK's interest payments on its debt are not well covered by EBIT (2.3x coverage).