Lubawa Balance Sheet Health
Financial Health criteria checks 6/6
Lubawa has a total shareholder equity of PLN391.5M and total debt of PLN9.5M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are PLN579.6M and PLN188.1M respectively. Lubawa's EBIT is PLN84.5M making its interest coverage ratio -287.5. It has cash and short-term investments of PLN91.5M.
Key information
2.4%
Debt to equity ratio
zł9.46m
Debt
| Interest coverage ratio | -287.5x |
| Cash | zł91.45m |
| Equity | zł391.46m |
| Total liabilities | zł188.10m |
| Total assets | zł579.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WQ2's short term assets (PLN330.4M) exceed its short term liabilities (PLN151.1M).
Long Term Liabilities: WQ2's short term assets (PLN330.4M) exceed its long term liabilities (PLN37.0M).
Debt to Equity History and Analysis
Debt Level: WQ2 has more cash than its total debt.
Reducing Debt: WQ2's debt to equity ratio has reduced from 39.1% to 2.4% over the past 5 years.
Debt Coverage: WQ2's debt is well covered by operating cash flow (953%).
Interest Coverage: WQ2 earns more interest than it pays, so coverage of interest payments is not a concern.