Gremi Media Balance Sheet Health
Financial Health criteria checks 6/6
Gremi Media has a total shareholder equity of PLN101.4M and total debt of PLN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PLN150.9M and PLN49.6M respectively. Gremi Media's EBIT is PLN7.0M making its interest coverage ratio 16. It has cash and short-term investments of PLN9.2M.
Key information
0%
Debt to equity ratio
zł0
Debt
| Interest coverage ratio | 16x |
| Cash | zł9.21m |
| Equity | zł101.36m |
| Total liabilities | zł49.55m |
| Total assets | zł150.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4C8's short term assets (PLN43.9M) exceed its short term liabilities (PLN30.4M).
Long Term Liabilities: 4C8's short term assets (PLN43.9M) exceed its long term liabilities (PLN19.2M).
Debt to Equity History and Analysis
Debt Level: 4C8 is debt free.
Reducing Debt: 4C8 has no debt compared to 5 years ago when its debt to equity ratio was 27.9%.
Debt Coverage: 4C8 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 4C8 has no debt, therefore coverage of interest payments is not a concern.