Tire Company Debica Balance Sheet Health

Financial Health criteria checks 6/6

Tire Company Debica has a total shareholder equity of PLN1.4B and total debt of PLN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PLN2.3B and PLN979.9M respectively. Tire Company Debica's EBIT is PLN194.6M making its interest coverage ratio -4.9. It has cash and short-term investments of PLN780.9M.

Key information

0%

Debt to equity ratio

zł0

Debt

Interest coverage ratio-4.9x
Cashzł780.92m
Equityzł1.37b
Total liabilitieszł979.91m
Total assetszł2.35b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: FD8's short term assets (PLN1.4B) exceed its short term liabilities (PLN920.1M).

Long Term Liabilities: FD8's short term assets (PLN1.4B) exceed its long term liabilities (PLN59.8M).


Debt to Equity History and Analysis

Debt Level: FD8 is debt free.

Reducing Debt: FD8 has not had any debt for past 5 years.

Debt Coverage: FD8 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: FD8 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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