Cloud Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Cloud Technologies has a total shareholder equity of PLN78.9M and total debt of PLN45.3K, which brings its debt-to-equity ratio to 0.06%. Its total assets and total liabilities are PLN95.0M and PLN16.1M respectively. Cloud Technologies's EBIT is PLN12.7M making its interest coverage ratio -40.7. It has cash and short-term investments of PLN17.5M.
Key information
0.06%
Debt to equity ratio
zł45.31k
Debt
| Interest coverage ratio | -40.7x |
| Cash | zł17.45m |
| Equity | zł78.92m |
| Total liabilities | zł16.09m |
| Total assets | zł95.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 42T's short term assets (PLN33.0M) exceed its short term liabilities (PLN10.5M).
Long Term Liabilities: 42T's short term assets (PLN33.0M) exceed its long term liabilities (PLN5.6M).
Debt to Equity History and Analysis
Debt Level: 42T has more cash than its total debt.
Reducing Debt: 42T's debt to equity ratio has increased from 0% to 0.06% over the past 5 years.
Debt Coverage: 42T's debt is well covered by operating cash flow (47947%).
Interest Coverage: 42T earns more interest than it pays, so coverage of interest payments is not a concern.