AS Amber Latvijas balzams Balance Sheet Health
Financial Health criteria checks 6/6
AS Amber Latvijas balzams has a total shareholder equity of €142.7M and total debt of €393.3K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are €190.5M and €47.7M respectively. AS Amber Latvijas balzams's EBIT is €3.8M making its interest coverage ratio -3.6. It has cash and short-term investments of €23.1K.
Key information
0.3%
Debt to equity ratio
€393.29k
Debt
| Interest coverage ratio | -3.6x |
| Cash | €23.11k |
| Equity | €142.75m |
| Total liabilities | €47.72m |
| Total assets | €190.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAL1R's short term assets (€139.3M) exceed its short term liabilities (€45.8M).
Long Term Liabilities: BAL1R's short term assets (€139.3M) exceed its long term liabilities (€1.9M).
Debt to Equity History and Analysis
Debt Level: BAL1R's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: BAL1R's debt to equity ratio has reduced from 4.3% to 0.3% over the past 5 years.
Debt Coverage: BAL1R's debt is well covered by operating cash flow (1928%).
Interest Coverage: BAL1R earns more interest than it pays, so coverage of interest payments is not a concern.