CCC Balance Sheet Health
Financial Health criteria checks 2/6
CCC has a total shareholder equity of PLN953.5M and total debt of PLN2.1B, which brings its debt-to-equity ratio to 219.8%. Its total assets and total liabilities are PLN7.3B and PLN6.4B respectively. CCC's EBIT is PLN155.2M making its interest coverage ratio 0.4. It has cash and short-term investments of PLN266.5M.
Key information
219.8%
Debt to equity ratio
zł2.10b
Debt
Interest coverage ratio | 0.4x |
Cash | zł266.50m |
Equity | zł953.50m |
Total liabilities | zł6.39b |
Total assets | zł7.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6RK's short term assets (PLN3.6B) do not cover its short term liabilities (PLN4.4B).
Long Term Liabilities: 6RK's short term assets (PLN3.6B) exceed its long term liabilities (PLN2.0B).
Debt to Equity History and Analysis
Debt Level: 6RK's net debt to equity ratio (191.8%) is considered high.
Reducing Debt: 6RK's debt to equity ratio has increased from 106.7% to 219.8% over the past 5 years.
Debt Coverage: 6RK's debt is well covered by operating cash flow (39.2%).
Interest Coverage: 6RK's interest payments on its debt are not well covered by EBIT (0.4x coverage).