Spyrosoft Spólka Akcyjna Balance Sheet Health
Financial Health criteria checks 6/6
Spyrosoft Spólka Akcyjna has a total shareholder equity of PLN115.4M and total debt of PLN16.6M, which brings its debt-to-equity ratio to 14.4%. Its total assets and total liabilities are PLN191.6M and PLN76.2M respectively. Spyrosoft Spólka Akcyjna's EBIT is PLN29.5M making its interest coverage ratio 12.3. It has cash and short-term investments of PLN31.5M.
Key information
14.4%
Debt to equity ratio
zł16.64m
Debt
| Interest coverage ratio | 12.3x |
| Cash | zł31.46m |
| Equity | zł115.37m |
| Total liabilities | zł76.21m |
| Total assets | zł191.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2NP's short term assets (PLN137.0M) exceed its short term liabilities (PLN68.5M).
Long Term Liabilities: 2NP's short term assets (PLN137.0M) exceed its long term liabilities (PLN7.7M).
Debt to Equity History and Analysis
Debt Level: 2NP has more cash than its total debt.
Reducing Debt: 2NP's debt to equity ratio has reduced from 67.5% to 14.4% over the past 5 years.
Debt Coverage: 2NP's debt is well covered by operating cash flow (55.2%).
Interest Coverage: 2NP's interest payments on its debt are well covered by EBIT (12.3x coverage).