Purcari Wineries Balance Sheet Health
Financial Health criteria checks 5/6
Purcari Wineries has a total shareholder equity of RON368.4M and total debt of RON178.2M, which brings its debt-to-equity ratio to 48.4%. Its total assets and total liabilities are RON687.0M and RON318.6M respectively. Purcari Wineries's EBIT is RON83.5M making its interest coverage ratio 9.3. It has cash and short-term investments of RON32.1M.
Key information
48.4%
Debt to equity ratio
RON 178.16m
Debt
| Interest coverage ratio | 9.3x |
| Cash | RON 32.14m |
| Equity | RON 368.45m |
| Total liabilities | RON 318.60m |
| Total assets | RON 687.05m |
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 (RON392.9M) exceed its short term liabilities (RON157.5M).
Long Term Liabilities: WINE's short term assets (RON392.9M) exceed its long term liabilities (RON161.1M).
Debt to Equity History and Analysis
Debt Level: WINE's net debt to equity ratio (39.6%) is considered satisfactory.
Reducing Debt: WINE's debt to equity ratio has reduced from 80.9% to 48.4% over the past 5 years.
Debt Coverage: WINE's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: WINE's interest payments on its debt are well covered by EBIT (9.3x coverage).