Novina Spólka Akcyjna Balance Sheet Health
Financial Health criteria checks 5/6
Novina Spólka Akcyjna has a total shareholder equity of PLN21.2M and total debt of PLN937.4K, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are PLN22.6M and PLN1.4M respectively. Novina Spólka Akcyjna's EBIT is PLN5.1M making its interest coverage ratio -11.8. It has cash and short-term investments of PLN20.9M.
Key information
4.4%
Debt to equity ratio
zł937.40k
Debt
Interest coverage ratio | -11.8x |
Cash | zł20.93m |
Equity | zł21.24m |
Total liabilities | zł1.39m |
Total assets | zł22.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T36's short term assets (PLN21.3M) exceed its short term liabilities (PLN1.4M).
Long Term Liabilities: T36 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: T36 has more cash than its total debt.
Reducing Debt: T36's debt to equity ratio has increased from 0.6% to 4.4% over the past 5 years.
Debt Coverage: T36's debt is well covered by operating cash flow (471.8%).
Interest Coverage: T36 earns more interest than it pays, so coverage of interest payments is not a concern.