Answear.com Balance Sheet Health
Financial Health criteria checks 4/6
Answear.com has a total shareholder equity of PLN211.7M and total debt of PLN131.6M, which brings its debt-to-equity ratio to 62.2%. Its total assets and total liabilities are PLN779.7M and PLN568.0M respectively. Answear.com's EBIT is PLN193.0K making its interest coverage ratio 0. It has cash and short-term investments of PLN7.5M.
Key information
62.2%
Debt to equity ratio
zł131.59m
Debt
| Interest coverage ratio | 0.01x |
| Cash | zł7.51m |
| Equity | zł211.70m |
| Total liabilities | zł567.98m |
| Total assets | zł779.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 90Z's short term assets (PLN553.8M) exceed its short term liabilities (PLN421.7M).
Long Term Liabilities: 90Z's short term assets (PLN553.8M) exceed its long term liabilities (PLN146.3M).
Debt to Equity History and Analysis
Debt Level: 90Z's net debt to equity ratio (58.6%) is considered high.
Reducing Debt: 90Z's debt to equity ratio has reduced from 78.2% to 62.2% over the past 5 years.
Debt Coverage: 90Z's debt is well covered by operating cash flow (76.9%).
Interest Coverage: 90Z's interest payments on its debt are not well covered by EBIT (0x coverage).