Mirbud Balance Sheet Health
Financial Health criteria checks 6/6
Mirbud has a total shareholder equity of PLN1.0B and total debt of PLN177.9M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are PLN2.3B and PLN1.2B respectively. Mirbud's EBIT is PLN424.2M making its interest coverage ratio 12.4. It has cash and short-term investments of PLN323.0M.
Key information
17.3%
Debt to equity ratio
zł177.90m
Debt
| Interest coverage ratio | 12.4x |
| Cash | zł323.02m |
| Equity | zł1.03b |
| Total liabilities | zł1.23b |
| Total assets | zł2.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9SX's short term assets (PLN1.5B) exceed its short term liabilities (PLN774.4M).
Long Term Liabilities: 9SX's short term assets (PLN1.5B) exceed its long term liabilities (PLN455.5M).
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 69.8% to 17.3% over the past 5 years.
Debt Coverage: 9SX's debt is well covered by operating cash flow (118.6%).
Interest Coverage: 9SX's interest payments on its debt are well covered by EBIT (12.4x coverage).