plenum Balance Sheet Health
Financial Health criteria checks 4/6
plenum has a total shareholder equity of €5.5M and total debt of €1.5M, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are €15.9M and €10.4M respectively. plenum's EBIT is €1.5M making its interest coverage ratio 20.4. It has cash and short-term investments of €3.7M.
Key information
26.8%
Debt to equity ratio
€1.47m
Debt
Interest coverage ratio | 20.4x |
Cash | €3.66m |
Equity | €5.50m |
Total liabilities | €10.38m |
Total assets | €15.88m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: PLEK's short term assets (€7.7M) exceed its short term liabilities (€1.7M).
Long Term Liabilities: PLEK's short term assets (€7.7M) do not cover its long term liabilities (€8.7M).
Debt to Equity History and Analysis
Debt Level: PLEK has more cash than its total debt.
Reducing Debt: PLEK's debt to equity ratio has increased from 0% to 26.8% over the past 5 years.
Debt Coverage: PLEK's debt is well covered by operating cash flow (168.2%).
Interest Coverage: PLEK's interest payments on its debt are well covered by EBIT (20.4x coverage).