Practic Balance Sheet Health
Financial Health criteria checks 4/6
Practic has a total shareholder equity of RON436.8M and total debt of RON32.9M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are RON481.6M and RON44.8M respectively. Practic's EBIT is RON33.4M making its interest coverage ratio 16.5. It has cash and short-term investments of RON161.2K.
Key information
7.5%
Debt to equity ratio
RON32.89m
Debt
| Interest coverage ratio | 16.5x |
| Cash | RON161.18k |
| Equity | RON436.85m |
| Total liabilities | RON44.79m |
| Total assets | RON481.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRBU's short term assets (RON1.9M) do not cover its short term liabilities (RON15.6M).
Long Term Liabilities: PRBU's short term assets (RON1.9M) do not cover its long term liabilities (RON29.2M).
Debt to Equity History and Analysis
Debt Level: PRBU's net debt to equity ratio (7.5%) is considered satisfactory.
Reducing Debt: PRBU's debt to equity ratio has reduced from 8% to 7.5% over the past 5 years.
Debt Coverage: PRBU's debt is well covered by operating cash flow (83.8%).
Interest Coverage: PRBU's interest payments on its debt are well covered by EBIT (16.5x coverage).