SIP Strojna industrija d. d Balance Sheet Health
Financial Health criteria checks 4/6
SIP Strojna industrija d. d has a total shareholder equity of €32.0M and total debt of €27.2M, which brings its debt-to-equity ratio to 84.9%. Its total assets and total liabilities are €74.6M and €42.6M respectively. SIP Strojna industrija d. d's EBIT is €3.2M making its interest coverage ratio 3.7. It has cash and short-term investments of €148.9K.
Key information
84.9%
Debt to equity ratio
€27.16m
Debt
| Interest coverage ratio | 3.7x |
| Cash | €148.93k |
| Equity | €31.98m |
| Total liabilities | €42.59m |
| Total assets | €74.57m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: SIPR's short term assets (€32.1M) exceed its short term liabilities (€28.9M).
Long Term Liabilities: SIPR's short term assets (€32.1M) exceed its long term liabilities (€13.7M).
Debt to Equity History and Analysis
Debt Level: SIPR's net debt to equity ratio (84.5%) is considered high.
Reducing Debt: SIPR's debt to equity ratio has increased from 32.5% to 84.9% over the past 5 years.
Debt Coverage: SIPR's debt is well covered by operating cash flow (24.4%).
Interest Coverage: SIPR's interest payments on its debt are well covered by EBIT (3.7x coverage).