Luka Rijeka d.d Balance Sheet Health
Financial Health criteria checks 2/6
Luka Rijeka d.d has a total shareholder equity of €67.0M and total debt of €15.7M, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are €133.7M and €66.6M respectively. Luka Rijeka d.d's EBIT is €2.6M making its interest coverage ratio 2.4. It has cash and short-term investments of €5.5M.
Key information
23.5%
Debt to equity ratio
€15.73m
Debt
| Interest coverage ratio | 2.4x |
| Cash | €5.47m |
| Equity | €67.04m |
| Total liabilities | €66.64m |
| Total assets | €133.69m |
Recent financial health updates
Does Luka Rijeka d.d (ZGSE:LKRI) Have A Healthy Balance Sheet?
Nov 20
Is Luka Rijeka d.d (ZGSE:LKRI) A Risky Investment?
Aug 04Luka Rijeka d.d (ZGSE:LKRI) Is In A Good Position To Deliver On Growth Plans
Jan 29Recent updates
Luka Rijeka d.d (ZGSE:LKRI) Is Doing The Right Things To Multiply Its Share Price
Jan 06Does Luka Rijeka d.d (ZGSE:LKRI) Have A Healthy Balance Sheet?
Nov 20Is Luka Rijeka d.d (ZGSE:LKRI) A Risky Investment?
Aug 04Returns On Capital Are Showing Encouraging Signs At Luka Rijeka d.d (ZGSE:LKRI)
Jul 31Luka Rijeka d.d's (ZGSE:LKRI) Earnings Are Weaker Than They Seem
May 09Luka Rijeka d.d (ZGSE:LKRI) Is In A Good Position To Deliver On Growth Plans
Jan 29How Much Did Luka Rijeka d.d's(ZGSE:LKRI) Shareholders Earn From Share Price Movements Over The Last Three Years?
Dec 07
Financial Position Analysis
Short Term Liabilities: LKRI's short term assets (€12.6M) do not cover its short term liabilities (€33.4M).
Long Term Liabilities: LKRI's short term assets (€12.6M) do not cover its long term liabilities (€33.2M).
Debt to Equity History and Analysis
Debt Level: LKRI's net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: LKRI's debt to equity ratio has increased from 14.6% to 23.5% over the past 5 years.
Debt Coverage: LKRI's debt is well covered by operating cash flow (22.1%).
Interest Coverage: LKRI's interest payments on its debt are not well covered by EBIT (2.4x coverage).