ML System Balance Sheet Health
Financial Health criteria checks 1/6
ML System has a total shareholder equity of PLN195.0M and total debt of PLN122.5M, which brings its debt-to-equity ratio to 62.8%. Its total assets and total liabilities are PLN527.3M and PLN332.3M respectively. ML System's EBIT is PLN9.4M making its interest coverage ratio 1.1. It has cash and short-term investments of PLN7.8M.
Key information
62.8%
Debt to equity ratio
zł122.51m
Debt
| Interest coverage ratio | 1.1x |
| Cash | zł7.79m |
| Equity | zł194.98m |
| Total liabilities | zł332.30m |
| Total assets | zł527.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6UX's short term assets (PLN116.6M) do not cover its short term liabilities (PLN117.4M).
Long Term Liabilities: 6UX's short term assets (PLN116.6M) do not cover its long term liabilities (PLN214.9M).
Debt to Equity History and Analysis
Debt Level: 6UX's net debt to equity ratio (58.8%) is considered high.
Reducing Debt: 6UX's debt to equity ratio has reduced from 66.1% to 62.8% over the past 5 years.
Debt Coverage: 6UX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6UX's interest payments on its debt are not well covered by EBIT (1.1x coverage).