Latvian Forest Company Balance Sheet Health
Financial Health criteria checks 2/6
Latvian Forest Company has a total shareholder equity of €36.3M and total debt of €6.4M, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are €44.0M and €7.7M respectively.
Key information
17.7%
Debt to equity ratio
€6.43m
Debt
| Interest coverage ratio | n/a |
| Cash | €750.80k |
| Equity | €36.32m |
| Total liabilities | €7.71m |
| Total assets | €44.04m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: LATF B's short term assets (€1.1M) exceed its short term liabilities (€352.4K).
Long Term Liabilities: LATF B's short term assets (€1.1M) do not cover its long term liabilities (€7.4M).
Debt to Equity History and Analysis
Debt Level: LATF B's net debt to equity ratio (15.6%) is considered satisfactory.
Reducing Debt: LATF B's debt to equity ratio has increased from 0% to 17.7% over the past 5 years.
Debt Coverage: LATF B's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: Insufficient data to determine if LATF B's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 00:32 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Latvian Forest Company AB (publ) is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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