Grupa Kety Balance Sheet Health
Financial Health criteria checks 6/6
Grupa Kety has a total shareholder equity of PLN2.1B and total debt of PLN847.5M, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are PLN3.8B and PLN1.7B respectively. Grupa Kety's EBIT is PLN705.2M making its interest coverage ratio 13.9. It has cash and short-term investments of PLN89.5M.
Key information
41.3%
Debt to equity ratio
zł847.54m
Debt
Interest coverage ratio | 13.9x |
Cash | zł89.53m |
Equity | zł2.05b |
Total liabilities | zł1.70b |
Total assets | zł3.76b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GQ2's short term assets (PLN1.6B) exceed its short term liabilities (PLN926.3M).
Long Term Liabilities: GQ2's short term assets (PLN1.6B) exceed its long term liabilities (PLN778.2M).
Debt to Equity History and Analysis
Debt Level: GQ2's net debt to equity ratio (36.9%) is considered satisfactory.
Reducing Debt: GQ2's debt to equity ratio has reduced from 60.5% to 41.3% over the past 5 years.
Debt Coverage: GQ2's debt is well covered by operating cash flow (124.8%).
Interest Coverage: GQ2's interest payments on its debt are well covered by EBIT (13.9x coverage).