Rank Progress Balance Sheet Health
Financial Health criteria checks 4/6
Rank Progress has a total shareholder equity of PLN523.4M and total debt of PLN225.1M, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are PLN847.2M and PLN323.8M respectively. Rank Progress's EBIT is PLN5.5M making its interest coverage ratio 1.4. It has cash and short-term investments of PLN19.4M.
Key information
43.02%
Debt to equity ratio
zł225.15m
Debt
| Interest coverage ratio | 1.4x |
| Cash | zł19.36m |
| Equity | zł523.37m |
| Total liabilities | zł323.84m |
| Total assets | zł847.21m |
Recent financial health updates
We Think Rank Progress (WSE:RNK) Can Stay On Top Of Its Debt
Jan 22
Rank Progress (WSE:RNK) Seems To Use Debt Quite Sensibly
Jul 17Rank Progress (WSE:RNK) Seems To Be Using A Lot Of Debt
Jan 03Rank Progress (WSE:RNK) Use Of Debt Could Be Considered Risky
Aug 27Rank Progress (WSE:RNK) Has A Somewhat Strained Balance Sheet
Jan 25These 4 Measures Indicate That Rank Progress (WSE:RNK) Is Using Debt Extensively
Sep 10Recent updates
Some Confidence Is Lacking In Rank Progress S.A. (WSE:RNK) As Shares Slide 26%
Jun 01Rank Progress S.A. (WSE:RNK) Looks Inexpensive After Falling 28% But Perhaps Not Attractive Enough
Feb 20We Think Rank Progress (WSE:RNK) Can Stay On Top Of Its Debt
Jan 22The Strong Earnings Posted By Rank Progress (WSE:RNK) Are A Good Indication Of The Strength Of The Business
Sep 30Rank Progress (WSE:RNK) Seems To Use Debt Quite Sensibly
Jul 17Rank Progress S.A. (WSE:RNK) Stocks Shoot Up 76% But Its P/E Still Looks Reasonable
Jun 12Market Might Still Lack Some Conviction On Rank Progress S.A. (WSE:RNK) Even After 34% Share Price Boost
Mar 29Rank Progress S.A.'s (WSE:RNK) Subdued P/E Might Signal An Opportunity
Feb 13Rank Progress (WSE:RNK) Seems To Be Using A Lot Of Debt
Jan 03Calculating The Fair Value Of Rank Progress S.A. (WSE:RNK)
Nov 02Rank Progress (WSE:RNK) Use Of Debt Could Be Considered Risky
Aug 27Rank Progress (WSE:RNK) Has A Somewhat Strained Balance Sheet
Jan 25These 4 Measures Indicate That Rank Progress (WSE:RNK) Is Using Debt Extensively
Sep 10Rank Progress (WSE:RNK) Seems To Use Debt Quite Sensibly
May 13Is Rank Progress (WSE:RNK) Using Too Much Debt?
Dec 25Financial Position Analysis
Short Term Liabilities: RNK's short term assets (PLN202.6M) exceed its short term liabilities (PLN149.7M).
Long Term Liabilities: RNK's short term assets (PLN202.6M) exceed its long term liabilities (PLN174.2M).
Debt to Equity History and Analysis
Debt Level: RNK's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: RNK's debt to equity ratio has reduced from 83.8% to 43% over the past 5 years.
Debt Coverage: RNK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RNK's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/13 10:27 |
| End of Day Share Price | 2025/06/13 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Rank Progress S.A. is covered by 2 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 |
|---|---|
| Maciej Wewiórski | Dom Maklerski Banku Ochrony Srodowiska S.A. |
| Maciej Wewiórski | Dom Maklerski IDMSA |