Cinkarna Celje dd

Cinkarna Celje dd maintains a strong liquidity position, with a current ratio of 5.17, indicating that its current assets significantly exceed its current liabilities. The company holds EUR 7 million in cash and equivalents, and its total liabilities are relatively low at EUR 44.5 million compared to total equity of EUR 216.8 million. This suggests a conservative capital structure with minimal long-term debt exposure, as the debt-to-equity ratio is effectively zero. Profitability metrics show a return on equity (ROE) of 8.98% and a return on assets (ROA) of 7.45%, both of which are above the typical thresholds for the Commodity Chemicals industry. The company’s gross profit of EUR 73.1 million and operating income of EUR 22.2 million reflect strong cost control and pricing power in its core markets. These returns are supported by a diversified product portfolio that includes high-margin chemical and construction materials. The company’s revenue is concentrated in a single business segment, as it operates through one wholly owned subsidiary, Cinkarna-Kvarc doo Tuzla, in Bosnia and Herzegovina. This geographic concentration may expose the company to regional economic and political risks, though the subsidiary is integral to its production and distribution network. No other geographic or segment-specific revenue breakdowns are disclosed in the available data. Looking ahead, the company’s revenue is expected to remain stable, with no significant growth or contraction projected in the current or next fiscal year. The free cash flow is negative at EUR -536,000, primarily due to capital expenditures of EUR -19.5 million, which suggests ongoing investment in operational capacity. However, the operating cash flow of EUR 24.8 million provides a buffer for these expenditures and supports the company’s liquidity position. Risk factors for Cinkarna Celje dd are currently low, with no immediate liquidity or dilution concerns identified. The company has not issued any recent equity or debt that would suggest dilution pressure, and its capital structure remains stable. The absence of significant debt and the strong cash position further reduce financial risk. However, the company’s reliance on a single subsidiary and geographic market could introduce operational and regulatory risks in the future. Recent filings and transcripts do not indicate any material changes in the company’s operations or strategic direction. Analysts have assigned a single "Hold" recommendation, with no strong buy or sell ratings, and all price targets are aligned at EUR 35.80. This consensus suggests a neutral outlook, with limited upside or downside expectations in the near term.