Excellence Balance Sheet Health
Financial Health criteria checks 6/6
Excellence has a total shareholder equity of PLN27.3M and total debt of PLN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PLN41.7M and PLN14.4M respectively. Excellence's EBIT is PLN7.3M making its interest coverage ratio 9.6. It has cash and short-term investments of PLN1.6M.
Key information
0%
Debt to equity ratio
zł0
Debt
Interest coverage ratio | 9.6x |
Cash | zł1.57m |
Equity | zł27.30m |
Total liabilities | zł14.40m |
Total assets | zł41.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8XY's short term assets (PLN22.0M) exceed its short term liabilities (PLN11.3M).
Long Term Liabilities: 8XY's short term assets (PLN22.0M) exceed its long term liabilities (PLN3.1M).
Debt to Equity History and Analysis
Debt Level: 8XY is debt free.
Reducing Debt: 8XY had no debt 5 years ago.
Debt Coverage: 8XY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8XY has no debt, therefore coverage of interest payments is not a concern.