ALPHA ADRIATIC d.d Balance Sheet Health
Financial Health criteria checks 2/6
ALPHA ADRIATIC d.d has a total shareholder equity of €-8.3M and total debt of €24.0M, which brings its debt-to-equity ratio to -288.1%. Its total assets and total liabilities are €59.4M and €67.7M respectively. ALPHA ADRIATIC d.d's EBIT is €1.6M making its interest coverage ratio 0.4. It has cash and short-term investments of €3.5M.
Key information
-288.1%
Debt to equity ratio
€24.01m
Debt
| Interest coverage ratio | 0.4x |
| Cash | €3.52m |
| Equity | -€8.33m |
| Total liabilities | €67.72m |
| Total assets | €59.39m |
Recent financial health updates
No updates
Recent updates
Sentiment Still Eluding ALPHA ADRIATIC d.d. (ZGSE:ULPL)
Jan 26
ALPHA ADRIATIC d.d (ZGSE:ULPL) Has More To Do To Multiply In Value Going Forward
Aug 18ALPHA ADRIATIC d.d.'s (ZGSE:ULPL) Price Is Right But Growth Is Lacking After Shares Rocket 73%
Mar 10Returns Are Gaining Momentum At ALPHA ADRIATIC d.d (ZGSE:ULPL)
Feb 17Returns On Capital Are A Standout For ALPHA ADRIATIC d.d (ZGSE:ULPL)
Sep 16Calculating The Fair Value Of ALPHA ADRIATIC d.d. (ZGSE:ULPL)
Jan 12Under The Bonnet, ALPHA ADRIATIC d.d's (ZGSE:ULPL) Returns Look Impressive
Nov 17ALPHA ADRIATIC d.d (ZGSE:ULPL) Knows How To Allocate Capital Effectively
Aug 01Why ALPHA ADRIATIC d.d's (ZGSE:ULPL) Earnings Are Better Than They Seem
Mar 08Financial Position Analysis
Short Term Liabilities: ULPL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ULPL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ULPL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ULPL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ULPL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ULPL is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.5% per year.