Plava laguna d.d Balance Sheet Health
Financial Health criteria checks 6/6
Plava laguna d.d has a total shareholder equity of €323.0M and total debt of €85.6M, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are €475.8M and €152.9M respectively. Plava laguna d.d's EBIT is €53.5M making its interest coverage ratio -28.1. It has cash and short-term investments of €1.5M.
Key information
26.5%
Debt to equity ratio
€85.64m
Debt
| Interest coverage ratio | -28.1x |
| Cash | €1.46m |
| Equity | €322.96m |
| Total liabilities | €152.87m |
| Total assets | €475.83m |
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 (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 (€121.3M) exceed its short term liabilities (€76.2M).
Long Term Liabilities: PLAG's short term assets (€121.3M) exceed its long term liabilities (€76.7M).
Debt to Equity History and Analysis
Debt Level: PLAG's net debt to equity ratio (26.1%) is considered satisfactory.
Reducing Debt: PLAG's debt to equity ratio has reduced from 29.6% to 26.5% over the past 5 years.
Debt Coverage: PLAG's debt is well covered by operating cash flow (100%).
Interest Coverage: PLAG earns more interest than it pays, so coverage of interest payments is not a concern.