CCC Balance Sheet Health
Financial Health criteria checks 2/6
CCC has a total shareholder equity of PLN1.2B and total debt of PLN2.4B, which brings its debt-to-equity ratio to 195.9%. Its total assets and total liabilities are PLN8.4B and PLN7.1B respectively. CCC's EBIT is PLN579.4M making its interest coverage ratio 1.4. It has cash and short-term investments of PLN343.4M.
Key information
195.9%
Debt to equity ratio
zł2.43b
Debt
| Interest coverage ratio | 1.4x |
| Cash | zł343.40m |
| Equity | zł1.24b |
| Total liabilities | zł7.11b |
| Total assets | zł8.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6RK's short term assets (PLN4.4B) do not cover its short term liabilities (PLN4.5B).
Long Term Liabilities: 6RK's short term assets (PLN4.4B) exceed its long term liabilities (PLN2.6B).
Debt to Equity History and Analysis
Debt Level: 6RK's net debt to equity ratio (168.3%) is considered high.
Reducing Debt: 6RK's debt to equity ratio has increased from 147.3% to 195.9% over the past 5 years.
Debt Coverage: 6RK's debt is well covered by operating cash flow (22.3%).
Interest Coverage: 6RK's interest payments on its debt are not well covered by EBIT (1.4x coverage).