Cognor Holding Balance Sheet Health
Financial Health criteria checks 6/6
Cognor Holding has a total shareholder equity of PLN1.2B and total debt of PLN578.6M, which brings its debt-to-equity ratio to 46.5%. Its total assets and total liabilities are PLN2.6B and PLN1.3B respectively. Cognor Holding's EBIT is PLN133.2M making its interest coverage ratio 3.6. It has cash and short-term investments of PLN151.0M.
Key information
46.5%
Debt to equity ratio
zł578.56m
Debt
Interest coverage ratio | 3.6x |
Cash | zł151.01m |
Equity | zł1.24b |
Total liabilities | zł1.34b |
Total assets | zł2.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WO9's short term assets (PLN1.3B) exceed its short term liabilities (PLN830.7M).
Long Term Liabilities: WO9's short term assets (PLN1.3B) exceed its long term liabilities (PLN512.4M).
Debt to Equity History and Analysis
Debt Level: WO9's net debt to equity ratio (34.4%) is considered satisfactory.
Reducing Debt: WO9's debt to equity ratio has reduced from 90.5% to 46.5% over the past 5 years.
Debt Coverage: WO9's debt is well covered by operating cash flow (45.7%).
Interest Coverage: WO9's interest payments on its debt are well covered by EBIT (3.6x coverage).