HTP Korcula d.d Balance Sheet Health
Financial Health criteria checks 5/6
HTP Korcula d.d has a total shareholder equity of €18.8M and total debt of €5.4M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are €25.8M and €7.0M respectively. HTP Korcula d.d's EBIT is €100.8K making its interest coverage ratio 0.7. It has cash and short-term investments of €1.5M.
Key information
28.8%
Debt to equity ratio
€5.42m
Debt
Interest coverage ratio | 0.7x |
Cash | €1.53m |
Equity | €18.84m |
Total liabilities | €6.98m |
Total assets | €25.82m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: HTPK's short term assets (€2.2M) exceed its short term liabilities (€1.6M).
Long Term Liabilities: HTPK's short term assets (€2.2M) do not cover its long term liabilities (€5.4M).
Debt to Equity History and Analysis
Debt Level: HTPK's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: HTPK's debt to equity ratio has reduced from 56.4% to 28.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable HTPK has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HTPK is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 200.1% per year.