CCC Balance Sheet Health
Financial Health criteria checks 2/6
CCC has a total shareholder equity of PLN1.0B and total debt of PLN2.2B, which brings its debt-to-equity ratio to 223.2%. Its total assets and total liabilities are PLN7.9B and PLN6.9B respectively. CCC's EBIT is PLN367.1M making its interest coverage ratio 0.9. It has cash and short-term investments of PLN395.5M.
Key information
223.2%
Debt to equity ratio
zł2.24b
Debt
Interest coverage ratio | 0.9x |
Cash | zł395.50m |
Equity | zł1.00b |
Total liabilities | zł6.89b |
Total assets | zł7.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6RK's short term assets (PLN4.2B) do not cover its short term liabilities (PLN5.0B).
Long Term Liabilities: 6RK's short term assets (PLN4.2B) exceed its long term liabilities (PLN1.9B).
Debt to Equity History and Analysis
Debt Level: 6RK's net debt to equity ratio (183.8%) is considered high.
Reducing Debt: 6RK's debt to equity ratio has increased from 144.5% to 223.2% over the past 5 years.
Debt Coverage: 6RK's debt is well covered by operating cash flow (32.4%).
Interest Coverage: 6RK's interest payments on its debt are not well covered by EBIT (0.9x coverage).