Planoptik Balance Sheet Health
Financial Health criteria checks 6/6
Planoptik has a total shareholder equity of €12.3M and total debt of €2.4M, which brings its debt-to-equity ratio to 19.4%. Its total assets and total liabilities are €16.3M and €4.0M respectively. Planoptik's EBIT is €1.7M making its interest coverage ratio -62.6. It has cash and short-term investments of €4.6M.
Key information
19.4%
Debt to equity ratio
€2.38m
Debt
| Interest coverage ratio | -62.6x |
| Cash | €4.59m |
| Equity | €12.29m |
| Total liabilities | €4.00m |
| Total assets | €16.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P4O's short term assets (€11.1M) exceed its short term liabilities (€2.5M).
Long Term Liabilities: P4O's short term assets (€11.1M) exceed its long term liabilities (€1.5M).
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 reduced from 37.4% to 19.4% over the past 5 years.
Debt Coverage: P4O's debt is well covered by operating cash flow (94.1%).
Interest Coverage: P4O earns more interest than it pays, so coverage of interest payments is not a concern.