Plava laguna d.d Balance Sheet Health
Financial Health criteria checks 5/6
Plava laguna d.d has a total shareholder equity of €310.0M and total debt of €89.3M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are €531.4M and €221.4M respectively. Plava laguna d.d's EBIT is €49.6M making its interest coverage ratio -37.7. It has cash and short-term investments of €2.3M.
Key information
28.8%
Debt to equity ratio
€89.33m
Debt
| Interest coverage ratio | -37.7x |
| Cash | €2.25m |
| Equity | €310.01m |
| Total liabilities | €221.39m |
| Total assets | €531.41m |
Recent financial health updates
Plava laguna d.d (ZGSE:PLAG) Could Easily Take On More Debt
Jan 16
Plava laguna d.d (ZGSE:PLAG) Is Carrying A Fair Bit Of Debt
May 08Is Plava laguna d.d (ZGSE:PLAG) Using Too Much Debt?
Jan 25
Recent updates
Plava laguna d.d's (ZGSE:PLAG) Shareholders Have More To Worry About Than Only Soft Earnings
May 13A Look At The Intrinsic Value Of Plava laguna d.d. (ZGSE:PLAG)
May 03Plava laguna d.d (ZGSE:PLAG) Shareholders Will Want The ROCE Trajectory To Continue
Mar 01Plava laguna d.d (ZGSE:PLAG) Could Easily Take On More Debt
Jan 16Slowing Rates Of Return At Plava laguna d.d (ZGSE:PLAG) Leave Little Room For Excitement
Aug 02Statutory Earnings May Not Be The Best Way To Understand Plava laguna d.d's (ZGSE:PLAG) True Position
Nov 07Plava laguna d.d (ZGSE:PLAG) Is Carrying A Fair Bit Of Debt
May 08Here's How We Evaluate Plava laguna d.d.'s (ZGSE:PLAG) Dividend
Mar 01Is Plava laguna d.d (ZGSE:PLAG) Using Too Much Debt?
Jan 25Plava laguna d.d (ZGSE:PLAG) Shareholders Have Enjoyed A 38% Share Price Gain
Nov 23Financial Position Analysis
Short Term Liabilities: PLAG's short term assets (€115.3M) exceed its short term liabilities (€65.0M).
Long Term Liabilities: PLAG's short term assets (€115.3M) do not cover its long term liabilities (€156.4M).
Debt to Equity History and Analysis
Debt Level: PLAG's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: PLAG's debt to equity ratio has reduced from 31.9% to 28.8% over the past 5 years.
Debt Coverage: PLAG's debt is well covered by operating cash flow (87.3%).
Interest Coverage: PLAG earns more interest than it pays, so coverage of interest payments is not a concern.