Develia Balance Sheet Health
Financial Health criteria checks 4/6
Develia has a total shareholder equity of PLN1.5B and total debt of PLN940.0M, which brings its debt-to-equity ratio to 61%. Its total assets and total liabilities are PLN4.3B and PLN2.8B respectively. Develia's EBIT is PLN445.0M making its interest coverage ratio 40.5. It has cash and short-term investments of PLN311.6M.
Key information
61.0%
Debt to equity ratio
zł939.96m
Debt
| Interest coverage ratio | 40.5x |
| Cash | zł311.61m |
| Equity | zł1.54b |
| Total liabilities | zł2.75b |
| Total assets | zł4.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 94L's short term assets (PLN3.6B) exceed its short term liabilities (PLN1.9B).
Long Term Liabilities: 94L's short term assets (PLN3.6B) exceed its long term liabilities (PLN834.6M).
Debt to Equity History and Analysis
Debt Level: 94L's net debt to equity ratio (40.8%) is considered high.
Reducing Debt: 94L's debt to equity ratio has reduced from 70.9% to 61% over the past 5 years.
Debt Coverage: 94L's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 94L's interest payments on its debt are well covered by EBIT (40.5x coverage).