Purcari Wineries Balance Sheet Health
Financial Health criteria checks 6/6
Purcari Wineries has a total shareholder equity of RON349.2M and total debt of RON136.0M, which brings its debt-to-equity ratio to 38.9%. Its total assets and total liabilities are RON623.8M and RON274.6M respectively. Purcari Wineries's EBIT is RON70.7M making its interest coverage ratio 10.1. It has cash and short-term investments of RON18.1M.
Key information
38.9%
Debt to equity ratio
RON135.96m
Debt
| Interest coverage ratio | 10.1x |
| Cash | RON18.09m |
| Equity | RON349.21m |
| Total liabilities | RON274.62m |
| Total assets | RON623.82m |
Recent financial health updates
No updates
Recent updates
Purcari Wineries (BVB:WINE) Will Pay A Smaller Dividend Than Last Year
Aug 08
Purcari Wineries' (BVB:WINE) Dividend Will Be Reduced To RON0.51
Jul 15Here's What's Concerning About Purcari Wineries' (BVB:WINE) Returns On Capital
Mar 30Purcari Wineries Public Company Limited's (BVB:WINE) 33% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/E Ratio
Mar 03Purcari Wineries (BVB:WINE) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 22Financial Position Analysis
Short Term Liabilities: WINE's short term assets (RON212.9M) exceed its short term liabilities (RON138.8M).
Long Term Liabilities: WINE's short term assets (RON212.9M) exceed its long term liabilities (RON135.8M).
Debt to Equity History and Analysis
Debt Level: WINE's net debt to equity ratio (33.8%) is considered satisfactory.
Reducing Debt: WINE's debt to equity ratio has reduced from 63.1% to 38.9% over the past 5 years.
Debt Coverage: WINE's debt is well covered by operating cash flow (33.1%).
Interest Coverage: WINE's interest payments on its debt are well covered by EBIT (10.1x coverage).