Ilirija d.d Balance Sheet Health
Financial Health criteria checks 6/6
Ilirija d.d has a total shareholder equity of €53.0M and total debt of €14.6M, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are €72.7M and €19.7M respectively. Ilirija d.d's EBIT is €4.4M making its interest coverage ratio 59.5. It has cash and short-term investments of €237.5K.
Key information
27.6%
Debt to equity ratio
€14.61m
Debt
| Interest coverage ratio | 59.5x |
| Cash | €237.46k |
| Equity | €52.99m |
| Total liabilities | €19.74m |
| Total assets | €72.72m |
Financial Position Analysis
Short Term Liabilities: ILRA's short term assets (€14.8M) exceed its short term liabilities (€7.4M).
Long Term Liabilities: ILRA's short term assets (€14.8M) exceed its long term liabilities (€12.4M).
Debt to Equity History and Analysis
Debt Level: ILRA's net debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: ILRA's debt to equity ratio has reduced from 33.8% to 27.6% over the past 5 years.
Debt Coverage: ILRA's debt is well covered by operating cash flow (36.9%).
Interest Coverage: ILRA's interest payments on its debt are well covered by EBIT (59.5x coverage).