Cognor Holding Balance Sheet Health
Financial Health criteria checks 5/6
Cognor Holding has a total shareholder equity of PLN1.2B and total debt of PLN725.2M, which brings its debt-to-equity ratio to 59.7%. Its total assets and total liabilities are PLN2.7B and PLN1.5B respectively. Cognor Holding's EBIT is PLN26.3M making its interest coverage ratio 1.1. It has cash and short-term investments of PLN331.7M.
Key information
59.7%
Debt to equity ratio
zł725.16m
Debt
| Interest coverage ratio | 1.1x |
| Cash | zł331.66m |
| Equity | zł1.22b |
| Total liabilities | zł1.48b |
| Total assets | zł2.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WO9's short term assets (PLN1.2B) exceed its short term liabilities (PLN750.7M).
Long Term Liabilities: WO9's short term assets (PLN1.2B) exceed its long term liabilities (PLN726.8M).
Debt to Equity History and Analysis
Debt Level: WO9's net debt to equity ratio (32.4%) is considered satisfactory.
Reducing Debt: WO9's debt to equity ratio has reduced from 81.1% to 59.7% over the past 5 years.
Debt Coverage: WO9's debt is well covered by operating cash flow (57.7%).
Interest Coverage: WO9's interest payments on its debt are not well covered by EBIT (1.1x coverage).