Ciech Balance Sheet Health
Financial Health criteria checks 4/6
Ciech has a total shareholder equity of PLN2.5B and total debt of PLN2.0B, which brings its debt-to-equity ratio to 77.8%. Its total assets and total liabilities are PLN7.5B and PLN5.0B respectively. Ciech's EBIT is PLN447.3M making its interest coverage ratio 3.4. It has cash and short-term investments of PLN454.9M.
Key information
77.8%
Debt to equity ratio
zł1.97b
Debt
| Interest coverage ratio | 3.4x |
| Cash | zł454.88m |
| Equity | zł2.53b |
| Total liabilities | zł4.96b |
| Total assets | zł7.49b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHX's short term assets (PLN2.6B) do not cover its short term liabilities (PLN3.0B).
Long Term Liabilities: CHX's short term assets (PLN2.6B) exceed its long term liabilities (PLN2.0B).
Debt to Equity History and Analysis
Debt Level: CHX's net debt to equity ratio (59.9%) is considered high.
Reducing Debt: CHX's debt to equity ratio has reduced from 80.2% to 77.8% over the past 5 years.
Debt Coverage: CHX's debt is well covered by operating cash flow (56.6%).
Interest Coverage: CHX's interest payments on its debt are well covered by EBIT (3.4x coverage).