Brand 24 Balance Sheet Health
Financial Health criteria checks 6/6
Brand 24 has a total shareholder equity of PLN11.8M and total debt of PLN298.0K, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are PLN26.1M and PLN14.2M respectively. Brand 24's EBIT is PLN4.3M making its interest coverage ratio 18.3. It has cash and short-term investments of PLN8.2M.
Key information
2.5%
Debt to equity ratio
zł297.99k
Debt
Interest coverage ratio | 18.3x |
Cash | zł8.24m |
Equity | zł11.83m |
Total liabilities | zł14.23m |
Total assets | zł26.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8GS's short term assets (PLN10.3M) exceed its short term liabilities (PLN7.7M).
Long Term Liabilities: 8GS's short term assets (PLN10.3M) exceed its long term liabilities (PLN6.6M).
Debt to Equity History and Analysis
Debt Level: 8GS has more cash than its total debt.
Reducing Debt: 8GS's debt to equity ratio has reduced from 7.5% to 2.5% over the past 5 years.
Debt Coverage: 8GS's debt is well covered by operating cash flow (2355.4%).
Interest Coverage: 8GS's interest payments on its debt are well covered by EBIT (18.3x coverage).