11 bit studios Balance Sheet Health
Financial Health criteria checks 6/6
11 bit studios has a total shareholder equity of PLN277.5M and total debt of PLN5.4M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are PLN319.6M and PLN42.1M respectively. 11 bit studios's EBIT is PLN62.4M making its interest coverage ratio -77.5. It has cash and short-term investments of PLN36.0M.
Key information
1.9%
Debt to equity ratio
zł5.36m
Debt
| Interest coverage ratio | -77.5x |
| Cash | zł35.95m |
| Equity | zł277.50m |
| Total liabilities | zł42.06m |
| Total assets | zł319.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 11C's short term assets (PLN87.0M) exceed its short term liabilities (PLN31.5M).
Long Term Liabilities: 11C's short term assets (PLN87.0M) exceed its long term liabilities (PLN10.6M).
Debt to Equity History and Analysis
Debt Level: 11C has more cash than its total debt.
Reducing Debt: 11C's debt to equity ratio has reduced from 11.4% to 1.9% over the past 5 years.
Debt Coverage: 11C's debt is well covered by operating cash flow (472%).
Interest Coverage: 11C earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 02:31 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
11 bit studios S.A. is covered by 14 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kamil Kliszcz | Biuro maklerskie mBanku |
| Piotr Bogusz | Biuro maklerskie mBanku |
| Tomasz Rodak | Dom Maklerski Banku Ochrony Srodowiska S.A. |