CI Games Balance Sheet Health
Financial Health criteria checks 5/6
CI Games has a total shareholder equity of PLN156.7M and total debt of PLN42.9M, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are PLN232.7M and PLN76.0M respectively. CI Games's EBIT is PLN38.5M making its interest coverage ratio 9.9. It has cash and short-term investments of PLN12.2M.
Key information
27.4%
Debt to equity ratio
zł42.88m
Debt
| Interest coverage ratio | 9.9x |
| Cash | zł12.23m |
| Equity | zł156.73m |
| Total liabilities | zł75.96m |
| Total assets | zł232.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CI7's short term assets (PLN53.2M) do not cover its short term liabilities (PLN59.2M).
Long Term Liabilities: CI7's short term assets (PLN53.2M) exceed its long term liabilities (PLN16.8M).
Debt to Equity History and Analysis
Debt Level: CI7's net debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: CI7's debt to equity ratio has reduced from 35.3% to 27.4% over the past 5 years.
Debt Coverage: CI7's debt is well covered by operating cash flow (191.6%).
Interest Coverage: CI7's interest payments on its debt are well covered by EBIT (9.9x coverage).