Metalac a.d. Gornji Milanovac Balance Sheet Health
Financial Health criteria checks 5/6
Metalac a.d. Gornji Milanovac has a total shareholder equity of RSD6.3B and total debt of RSD1.2B, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are RSD11.0B and RSD4.8B respectively. Metalac a.d. Gornji Milanovac's EBIT is RSD790.6M making its interest coverage ratio -17.9. It has cash and short-term investments of RSD822.0M.
Key information
19.2%
Debt to equity ratio
дин1.20b
Debt
| Interest coverage ratio | -17.9x |
| Cash | дин822.03m |
| Equity | дин6.26b |
| Total liabilities | дин4.76b |
| Total assets | дин11.02b |
Recent financial health updates
No updates
Recent updates
Slowing Rates Of Return At Metalac a.d. Gornji Milanovac (BELEX:MTLC) Leave Little Room For Excitement
Sep 26
There Are Reasons To Feel Uneasy About Metalac a.d. Gornji Milanovac's (BELEX:MTLC) Returns On Capital
Nov 09Investors Met With Slowing Returns on Capital At Metalac a.d. Gornji Milanovac (BELEX:MTLC)
May 03Should You Use Metalac a.d. Gornji Milanovac's (BELEX:MTLC) Statutory Earnings To Analyse It?
Feb 16Is Metalac a.d. Gornji Milanovac (BELEX:MTLC) Likely To Turn Things Around?
Jan 05
Earnings Not Telling The Story For Metalac a.d., Gornji Milanovac (BELEX:MTLC)
Nov 27Financial Position Analysis
Short Term Liabilities: MTLC's short term assets (RSD7.0B) exceed its short term liabilities (RSD3.5B).
Long Term Liabilities: MTLC's short term assets (RSD7.0B) exceed its long term liabilities (RSD1.2B).
Debt to Equity History and Analysis
Debt Level: MTLC's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: MTLC's debt to equity ratio has increased from 17.2% to 19.2% over the past 5 years.
Debt Coverage: MTLC's debt is well covered by operating cash flow (69.3%).
Interest Coverage: MTLC earns more interest than it pays, so coverage of interest payments is not a concern.