Bio Planet Balance Sheet Health
Financial Health criteria checks 2/6
Bio Planet has a total shareholder equity of PLN24.8M and total debt of PLN19.0M, which brings its debt-to-equity ratio to 76.4%. Its total assets and total liabilities are PLN105.6M and PLN80.8M respectively. Bio Planet's EBIT is PLN2.0M making its interest coverage ratio 0.9. It has cash and short-term investments of PLN57.0K.
Key information
76.4%
Debt to equity ratio
zł18.96m
Debt
| Interest coverage ratio | 0.9x |
| Cash | zł57.00k |
| Equity | zł24.81m |
| Total liabilities | zł80.78m |
| Total assets | zł105.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8WS's short term assets (PLN52.0M) do not cover its short term liabilities (PLN60.0M).
Long Term Liabilities: 8WS's short term assets (PLN52.0M) exceed its long term liabilities (PLN20.8M).
Debt to Equity History and Analysis
Debt Level: 8WS's net debt to equity ratio (76.2%) is considered high.
Reducing Debt: 8WS's debt to equity ratio has increased from 65.6% to 76.4% over the past 5 years.
Debt Coverage: 8WS's debt is well covered by operating cash flow (25.6%).
Interest Coverage: 8WS's interest payments on its debt are not well covered by EBIT (0.9x coverage).