Grenevia Balance Sheet Health
Financial Health criteria checks 5/6
Grenevia has a total shareholder equity of PLN2.2B and total debt of PLN938.0M, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are PLN3.8B and PLN1.6B respectively. Grenevia's EBIT is PLN290.0M making its interest coverage ratio -4.1. It has cash and short-term investments of PLN708.0M.
Key information
41.9%
Debt to equity ratio
zł938.00m
Debt
Interest coverage ratio | -4.1x |
Cash | zł708.00m |
Equity | zł2.24b |
Total liabilities | zł1.56b |
Total assets | zł3.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8MF's short term assets (PLN2.2B) exceed its short term liabilities (PLN584.0M).
Long Term Liabilities: 8MF's short term assets (PLN2.2B) exceed its long term liabilities (PLN979.0M).
Debt to Equity History and Analysis
Debt Level: 8MF's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: 8MF's debt to equity ratio has increased from 26.1% to 41.9% over the past 5 years.
Debt Coverage: 8MF's debt is well covered by operating cash flow (58.7%).
Interest Coverage: 8MF earns more interest than it pays, so coverage of interest payments is not a concern.