ML System Balance Sheet Health
Financial Health criteria checks 1/6
ML System has a total shareholder equity of PLN203.8M and total debt of PLN115.9M, which brings its debt-to-equity ratio to 56.9%. Its total assets and total liabilities are PLN527.5M and PLN323.7M respectively. ML System's EBIT is PLN8.9M making its interest coverage ratio 1.6. It has cash and short-term investments of PLN9.6M.
Key information
56.9%
Debt to equity ratio
zł115.90m
Debt
Interest coverage ratio | 1.6x |
Cash | zł9.65m |
Equity | zł203.77m |
Total liabilities | zł323.69m |
Total assets | zł527.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6UX's short term assets (PLN115.3M) exceed its short term liabilities (PLN110.5M).
Long Term Liabilities: 6UX's short term assets (PLN115.3M) do not cover its long term liabilities (PLN213.2M).
Debt to Equity History and Analysis
Debt Level: 6UX's net debt to equity ratio (52.1%) is considered high.
Reducing Debt: 6UX's debt to equity ratio has increased from 41.5% to 56.9% 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 (1.6x coverage).