Turism Hoteluri Restaurante Marea Neagra Balance Sheet Health
Financial Health criteria checks 3/6
Turism Hoteluri Restaurante Marea Neagra has a total shareholder equity of RON203.2M and total debt of RON11.6M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are RON250.8M and RON47.5M respectively. Turism Hoteluri Restaurante Marea Neagra's EBIT is RON12.7M making its interest coverage ratio -36.5. It has cash and short-term investments of RON7.3M.
Key information
5.7%
Debt to equity ratio
RON 11.56m
Debt
| Interest coverage ratio | -36.5x |
| Cash | RON 7.33m |
| Equity | RON 203.23m |
| Total liabilities | RON 47.52m |
| Total assets | RON 250.75m |
Recent financial health updates
We Think Turism Hoteluri Restaurante Marea Neagra (BVB:EFO) Can Stay On Top Of Its Debt
Jan 07
Is Turism Hoteluri Restaurante Marea Neagra (BVB:EFO) Using Debt Sensibly?
Nov 17Recent updates
Turism Hoteluri Restaurante Marea Neagra (BVB:EFO) Shareholders Should Be Cautious Despite Solid Earnings
Sep 07Turism Hoteluri Restaurante Marea Neagra (BVB:EFO) Is Looking To Continue Growing Its Returns On Capital
Feb 28We Think Turism Hoteluri Restaurante Marea Neagra (BVB:EFO) Can Stay On Top Of Its Debt
Jan 07Turism Hoteluri Restaurante Marea Neagra (BVB:EFO) Shareholders Will Want The ROCE Trajectory To Continue
Nov 22Is Turism Hoteluri Restaurante Marea Neagra (BVB:EFO) Using Debt Sensibly?
Nov 17A Look At The Intrinsic Value Of Turism, Hoteluri, Restaurante Marea Neagra S.A. (BVB:EFO)
Feb 15What Do The Returns At Turism Hoteluri Restaurante Marea Neagra (BVB:EFO) Mean Going Forward?
Dec 23
Financial Position Analysis
Short Term Liabilities: EFO's short term assets (RON21.9M) exceed its short term liabilities (RON14.5M).
Long Term Liabilities: EFO's short term assets (RON21.9M) do not cover its long term liabilities (RON33.0M).
Debt to Equity History and Analysis
Debt Level: EFO's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: EFO's debt to equity ratio has increased from 0% to 5.7% over the past 5 years.
Debt Coverage: EFO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: EFO earns more interest than it pays, so coverage of interest payments is not a concern.