Echo Investment Balance Sheet Health
Financial Health criteria checks 2/6
Echo Investment has a total shareholder equity of PLN2.0B and total debt of PLN3.1B, which brings its debt-to-equity ratio to 153.1%. Its total assets and total liabilities are PLN6.6B and PLN4.5B respectively. Echo Investment's EBIT is PLN341.9M making its interest coverage ratio 1.9. It has cash and short-term investments of PLN522.9M.
Key information
153.1%
Debt to equity ratio
zł3.13b
Debt
| Interest coverage ratio | 1.9x |
| Cash | zł522.95m |
| Equity | zł2.05b |
| Total liabilities | zł4.53b |
| Total assets | zł6.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4I3's short term assets (PLN3.4B) exceed its short term liabilities (PLN1.9B).
Long Term Liabilities: 4I3's short term assets (PLN3.4B) exceed its long term liabilities (PLN2.7B).
Debt to Equity History and Analysis
Debt Level: 4I3's net debt to equity ratio (127.6%) is considered high.
Reducing Debt: 4I3's debt to equity ratio has increased from 96.9% to 153.1% 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 (1.9x coverage).