CI Games Balance Sheet Health
Financial Health criteria checks 4/6
CI Games has a total shareholder equity of PLN160.3M and total debt of PLN57.8M, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are PLN275.0M and PLN114.7M respectively. CI Games's EBIT is PLN31.5M making its interest coverage ratio 11.1. It has cash and short-term investments of PLN30.9M.
Key information
36.0%
Debt to equity ratio
zł57.75m
Debt
Interest coverage ratio | 11.1x |
Cash | zł30.94m |
Equity | zł160.28m |
Total liabilities | zł114.72m |
Total assets | zł274.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CI7's short term assets (PLN87.5M) do not cover its short term liabilities (PLN91.7M).
Long Term Liabilities: CI7's short term assets (PLN87.5M) exceed its long term liabilities (PLN23.1M).
Debt to Equity History and Analysis
Debt Level: CI7's net debt to equity ratio (16.7%) is considered satisfactory.
Reducing Debt: CI7's debt to equity ratio has increased from 30.1% to 36% over the past 5 years.
Debt Coverage: CI7's debt is well covered by operating cash flow (123.1%).
Interest Coverage: CI7's interest payments on its debt are well covered by EBIT (11.1x coverage).