VV Tikves AD Skopje

VV Tikves AD Skopje reports total assets of 6,906,245,000 MKD and total liabilities of 3,743,551,000 MKD, resulting in total equity of 3,162,694,000 MKD. The balance sheet is heavily leveraged, with long-term debt standing at 2,917,223,000 MKD, which constitutes the majority of the liability structure. Cash and equivalents are limited to 85,411,000 MKD, leading to a negative net cash position after subtracting total debt. The current ratio is 1.95, indicating adequate short-term liquidity coverage despite the high debt load.

Profitability metrics show a return on equity (ROE) of 4.32% and a return on assets (ROA) of 1.98%. The company generated a net income of 299,535,000 MKD on revenues of 3,102,686,000 MKD. Operating income was 431,562,000 MKD, derived from a gross profit of 1,688,513,000 MKD. The debt-to-equity ratio is 0.92, reflecting a balanced but significant reliance on debt financing relative to shareholder equity.

No segment or geographic revenue breakdown is available in the provided data. Consequently, revenue concentration risks and exposure to specific markets or product lines cannot be assessed. The analysis must rely solely on consolidated financial figures without granular operational context.

Historical period data for revenue and net income trends is absent. Therefore, the growth trajectory, revenue stability, and earnings consistency over the past five years or eight quarters cannot be evaluated. The current financial snapshot represents a single point in time without comparative historical context.

The risk assessment indicates medium liquidity risk and low dilution risk. A key flag notes that net cash is negative after subtracting total debt, highlighting a structural liquidity constraint. The low dilution risk suggests that the share count, currently at 372,048 basic and diluted shares, is stable with no immediate threats of equity issuance.

No filing observations, news events, or transcript data are available. There are no recent disclosed events, management signals, or competitor context provided to inform the current operational or strategic outlook. The analysis is limited to the static financial and valuation data presented.

Operating and net margins exceed cohort medians, indicating superior profitability relative to peers.

Cash conversion ratio is above the 75th percentile, demonstrating strong efficiency in generating cash from earnings.

Free cash flow turned positive in the latest period, reversing a negative trend from the prior year.

Net income grew significantly over the four-year span, showing a positive long-term earnings trajectory.

Dilution risk is assessed as low, suggesting minimal threat to existing shareholder equity value.

Credit risk is flagged as high, signaling significant potential for loan losses or financial distress.

Debt-to-equity ratio is in the bottom quartile, indicating excessive leverage compared to the broader cohort.

Return on equity is below the cohort median, reflecting inefficient use of shareholder capital.

Revenue and net income declined year-over-year in the most recent period, showing weakening momentum.

Liquidity risk is rated as medium, posing potential challenges in meeting short-term obligations.