Plan Optik Balance Sheet Health
Financial Health criteria checks 4/6
Plan Optik has a total shareholder equity of €10.1M and total debt of €2.9M, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are €15.6M and €5.5M respectively. Plan Optik's EBIT is €1.8M making its interest coverage ratio 37.9. It has cash and short-term investments of €3.8M.
Key information
29.2%
Debt to equity ratio
€2.95m
Debt
Interest coverage ratio | 37.9x |
Cash | €3.80m |
Equity | €10.09m |
Total liabilities | €5.55m |
Total assets | €15.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P4O's short term assets (€10.4M) exceed its short term liabilities (€3.4M).
Long Term Liabilities: P4O's short term assets (€10.4M) exceed its long term liabilities (€2.1M).
Debt to Equity History and Analysis
Debt Level: P4O has more cash than its total debt.
Reducing Debt: P4O's debt to equity ratio has increased from 19.2% to 29.2% over the past 5 years.
Debt Coverage: P4O's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: P4O's interest payments on its debt are well covered by EBIT (37.9x coverage).