KGHM Polska Miedz Balance Sheet Health
Financial Health criteria checks 6/6
KGHM Polska Miedz has a total shareholder equity of PLN29.4B and total debt of PLN5.5B, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are PLN51.8B and PLN22.4B respectively. KGHM Polska Miedz's EBIT is PLN2.9B making its interest coverage ratio -6.2. It has cash and short-term investments of PLN1.1B.
Key information
18.8%
Debt to equity ratio
zł5.54b
Debt
| Interest coverage ratio | -6.2x |
| Cash | zł1.12b |
| Equity | zł29.39b |
| Total liabilities | zł22.40b |
| Total assets | zł51.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KGHA's short term assets (PLN12.3B) exceed its short term liabilities (PLN11.0B).
Long Term Liabilities: KGHA's short term assets (PLN12.3B) exceed its long term liabilities (PLN11.4B).
Debt to Equity History and Analysis
Debt Level: KGHA's net debt to equity ratio (15%) is considered satisfactory.
Reducing Debt: KGHA's debt to equity ratio has reduced from 41.6% to 18.8% over the past 5 years.
Debt Coverage: KGHA's debt is well covered by operating cash flow (105.5%).
Interest Coverage: KGHA earns more interest than it pays, so coverage of interest payments is not a concern.