Asseco South Eastern Europe Balance Sheet Health
Financial Health criteria checks 5/6
Asseco South Eastern Europe has a total shareholder equity of PLN1.2B and total debt of PLN90.0M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are PLN2.0B and PLN808.6M respectively. Asseco South Eastern Europe's EBIT is PLN222.7M making its interest coverage ratio 58.4. It has cash and short-term investments of PLN260.6M.
Key information
7.8%
Debt to equity ratio
zł90.02m
Debt
Interest coverage ratio | 58.4x |
Cash | zł260.59m |
Equity | zł1.15b |
Total liabilities | zł808.59m |
Total assets | zł1.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7T8's short term assets (PLN796.6M) exceed its short term liabilities (PLN533.7M).
Long Term Liabilities: 7T8's short term assets (PLN796.6M) exceed its long term liabilities (PLN274.9M).
Debt to Equity History and Analysis
Debt Level: 7T8 has more cash than its total debt.
Reducing Debt: 7T8's debt to equity ratio has increased from 7.1% to 7.8% over the past 5 years.
Debt Coverage: 7T8's debt is well covered by operating cash flow (290.6%).
Interest Coverage: 7T8's interest payments on its debt are well covered by EBIT (58.4x coverage).