Mirbud Balance Sheet Health
Financial Health criteria checks 6/6
Mirbud has a total shareholder equity of PLN826.8M and total debt of PLN198.6M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are PLN2.1B and PLN1.3B respectively. Mirbud's EBIT is PLN272.0M making its interest coverage ratio 6.9. It has cash and short-term investments of PLN239.3M.
Key information
24.0%
Debt to equity ratio
zł198.62m
Debt
Interest coverage ratio | 6.9x |
Cash | zł239.31m |
Equity | zł826.80m |
Total liabilities | zł1.27b |
Total assets | zł2.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9SX's short term assets (PLN1.2B) exceed its short term liabilities (PLN772.1M).
Long Term Liabilities: 9SX's short term assets (PLN1.2B) exceed its long term liabilities (PLN496.6M).
Debt to Equity History and Analysis
Debt Level: 9SX has more cash than its total debt.
Reducing Debt: 9SX's debt to equity ratio has reduced from 68.4% to 24% over the past 5 years.
Debt Coverage: 9SX's debt is well covered by operating cash flow (122%).
Interest Coverage: 9SX's interest payments on its debt are well covered by EBIT (6.9x coverage).