mPay Balance Sheet Health
Financial Health criteria checks 4/6
mPay has a total shareholder equity of PLN15.2M and total debt of PLN4.6M, which brings its debt-to-equity ratio to 30.6%. Its total assets and total liabilities are PLN36.3M and PLN21.1M respectively. mPay's EBIT is PLN986.3K making its interest coverage ratio 3.8. It has cash and short-term investments of PLN3.7M.
Key information
30.6%
Debt to equity ratio
zł4.64m
Debt
Interest coverage ratio | 3.8x |
Cash | zł3.73m |
Equity | zł15.18m |
Total liabilities | zł21.09m |
Total assets | zł36.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8NJ's short term assets (PLN30.2M) exceed its short term liabilities (PLN16.1M).
Long Term Liabilities: 8NJ's short term assets (PLN30.2M) exceed its long term liabilities (PLN5.0M).
Debt to Equity History and Analysis
Debt Level: 8NJ's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: 8NJ's debt to equity ratio has increased from 0% to 30.6% over the past 5 years.
Debt Coverage: 8NJ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8NJ's interest payments on its debt are well covered by EBIT (3.8x coverage).