AB Pieno Zvaigzdes Balance Sheet Health
Financial Health criteria checks 6/6
AB Pieno Zvaigzdes has a total shareholder equity of €36.2M and total debt of €17.4M, which brings its debt-to-equity ratio to 47.9%. Its total assets and total liabilities are €79.8M and €43.6M respectively. AB Pieno Zvaigzdes's EBIT is €16.0M making its interest coverage ratio 11.4. It has cash and short-term investments of €3.2M.
Key information
47.9%
Debt to equity ratio
€17.36m
Debt
| Interest coverage ratio | 11.4x |
| Cash | €3.20m |
| Equity | €36.20m |
| Total liabilities | €43.59m |
| Total assets | €79.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PZV1L's short term assets (€34.1M) exceed its short term liabilities (€32.5M).
Long Term Liabilities: PZV1L's short term assets (€34.1M) exceed its long term liabilities (€11.1M).
Debt to Equity History and Analysis
Debt Level: PZV1L's net debt to equity ratio (39.1%) is considered satisfactory.
Reducing Debt: PZV1L's debt to equity ratio has reduced from 95.1% to 47.9% over the past 5 years.
Debt Coverage: PZV1L's debt is well covered by operating cash flow (124%).
Interest Coverage: PZV1L's interest payments on its debt are well covered by EBIT (11.4x coverage).