Purcari Wineries Balance Sheet Health
Financial Health criteria checks 4/6
Purcari Wineries has a total shareholder equity of RON379.1M and total debt of RON203.0M, which brings its debt-to-equity ratio to 53.5%. Its total assets and total liabilities are RON721.6M and RON342.4M respectively. Purcari Wineries's EBIT is RON84.8M making its interest coverage ratio 8.7. It has cash and short-term investments of RON16.2M.
Key information
53.5%
Debt to equity ratio
RON 202.97m
Debt
| Interest coverage ratio | 8.7x |
| Cash | RON 16.18m |
| Equity | RON 379.13m |
| Total liabilities | RON 342.42m |
| Total assets | RON 721.55m |
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 (RON417.9M) exceed its short term liabilities (RON180.9M).
Long Term Liabilities: WINE's short term assets (RON417.9M) exceed its long term liabilities (RON161.5M).
Debt to Equity History and Analysis
Debt Level: WINE's net debt to equity ratio (49.3%) is considered high.
Reducing Debt: WINE's debt to equity ratio has reduced from 63.2% to 53.5% over the past 5 years.
Debt Coverage: WINE's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: WINE's interest payments on its debt are well covered by EBIT (8.7x coverage).