Polwax Balance Sheet Health
Financial Health criteria checks 5/6
Polwax has a total shareholder equity of PLN54.2M and total debt of PLN6.7M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are PLN111.8M and PLN57.6M respectively.
Key information
12.3%
Debt to equity ratio
zł6.67m
Debt
Interest coverage ratio | n/a |
Cash | zł3.78m |
Equity | zł54.23m |
Total liabilities | zł57.59m |
Total assets | zł111.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1LW's short term assets (PLN80.1M) exceed its short term liabilities (PLN55.0M).
Long Term Liabilities: 1LW's short term assets (PLN80.1M) exceed its long term liabilities (PLN2.6M).
Debt to Equity History and Analysis
Debt Level: 1LW's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: 1LW's debt to equity ratio has reduced from 30.2% to 12.3% over the past 5 years.
Debt Coverage: 1LW's debt is well covered by operating cash flow (289.1%).
Interest Coverage: Insufficient data to determine if 1LW's interest payments on its debt are well covered by EBIT.