Spyrosoft Spólka Akcyjna Balance Sheet Health
Financial Health criteria checks 6/6
Spyrosoft Spólka Akcyjna has a total shareholder equity of PLN128.0M and total debt of PLN12.4M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are PLN203.8M and PLN75.8M respectively. Spyrosoft Spólka Akcyjna's EBIT is PLN32.4M making its interest coverage ratio 26.7. It has cash and short-term investments of PLN44.7M.
Key information
9.7%
Debt to equity ratio
zł12.36m
Debt
| Interest coverage ratio | 26.7x |
| Cash | zł44.66m |
| Equity | zł128.03m |
| Total liabilities | zł75.77m |
| Total assets | zł203.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2NP's short term assets (PLN146.0M) exceed its short term liabilities (PLN69.8M).
Long Term Liabilities: 2NP's short term assets (PLN146.0M) exceed its long term liabilities (PLN5.9M).
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 50.9% to 9.7% over the past 5 years.
Debt Coverage: 2NP's debt is well covered by operating cash flow (222.8%).
Interest Coverage: 2NP's interest payments on its debt are well covered by EBIT (26.7x coverage).