Ilirija d.d Balance Sheet Health
Financial Health criteria checks 6/6
Ilirija d.d has a total shareholder equity of €59.3M and total debt of €13.0M, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are €74.9M and €15.6M respectively. Ilirija d.d's EBIT is €4.3M making its interest coverage ratio 39. It has cash and short-term investments of €1.0M.
Key information
21.9%
Debt to equity ratio
€12.99m
Debt
| Interest coverage ratio | 39x |
| Cash | €1.01m |
| Equity | €59.32m |
| Total liabilities | €15.59m |
| Total assets | €74.91m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ILRA's short term assets (€17.4M) exceed its short term liabilities (€3.2M).
Long Term Liabilities: ILRA's short term assets (€17.4M) exceed its long term liabilities (€12.4M).
Debt to Equity History and Analysis
Debt Level: ILRA's net debt to equity ratio (20.2%) is considered satisfactory.
Reducing Debt: ILRA's debt to equity ratio has reduced from 28.8% to 21.9% over the past 5 years.
Debt Coverage: ILRA's debt is well covered by operating cash flow (30.8%).
Interest Coverage: ILRA's interest payments on its debt are well covered by EBIT (39x coverage).