Echo Investment Balance Sheet Health
Financial Health criteria checks 2/6
Echo Investment has a total shareholder equity of PLN2.1B and total debt of PLN3.0B, which brings its debt-to-equity ratio to 144.2%. Its total assets and total liabilities are PLN6.3B and PLN4.2B respectively. Echo Investment's EBIT is PLN389.5M making its interest coverage ratio 2.3. It has cash and short-term investments of PLN772.3M.
Key information
144.2%
Debt to equity ratio
zł2.97b
Debt
Interest coverage ratio | 2.3x |
Cash | zł772.31m |
Equity | zł2.06b |
Total liabilities | zł4.23b |
Total assets | zł6.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4I3's short term assets (PLN3.1B) exceed its short term liabilities (PLN1.8B).
Long Term Liabilities: 4I3's short term assets (PLN3.1B) exceed its long term liabilities (PLN2.5B).
Debt to Equity History and Analysis
Debt Level: 4I3's net debt to equity ratio (106.7%) is considered high.
Reducing Debt: 4I3's debt to equity ratio has increased from 96.8% to 144.2% over the past 5 years.
Debt Coverage: 4I3's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4I3's interest payments on its debt are not well covered by EBIT (2.3x coverage).