Today, we are bringing you an overview of the current ratio of Slovenian Blue Chip companies.

As Slovenian companies have published their 9M 2021 results, we decided to take a look into liquidity measures of the Slovenian companies (excluding financials) by looking at their current ratio. The ratio is calculated by dividing the company’s current assets by the company’s short-term liabilities. The ratio helps investors understand the company’s ability to cover the short-term debt with current liabilities. The ratio of more than 1 would indicate that the company has more current assets than it has short-term liabilities.

Current ratio of Slovenian Blue Chip companies

Among the observed companies, Cinkarnja Celje has the highest current ratio 7. On their current asset side, inventories amount to EUR 35.5 m – representing 35.5% of total current assets. Krka follows next with ratio of 4.2 – representing also very high liquidity.

Luka Koper, Petrol and Telekom Slovenije have current raio of less than 2. Telekom Slovenije has the lowest current ratio from observed companies, amounting to 1. This means the company has c. same amount of current assets to cover all current liabilities. Important to note for Telekom Slovenije is that trade payable amounts to almost half of current liabilities while trade receivables – revenues not yet charged, represent 67% of total current assets.