plenum Balance Sheet Health
Financial Health criteria checks 6/6
plenum has a total shareholder equity of €5.8M and total debt of €1.8M, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are €14.8M and €9.0M respectively. plenum's EBIT is €1.6M making its interest coverage ratio 21.2. It has cash and short-term investments of €618.0K.
Key information
31.1%
Debt to equity ratio
€1.81m
Debt
| Interest coverage ratio | 21.2x |
| Cash | €618.00k |
| Equity | €5.81m |
| Total liabilities | €9.03m |
| Total assets | €14.84m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLEK's short term assets (€8.2M) exceed its short term liabilities (€1.8M).
Long Term Liabilities: PLEK's short term assets (€8.2M) exceed its long term liabilities (€7.2M).
Debt to Equity History and Analysis
Debt Level: PLEK's net debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: PLEK's debt to equity ratio has reduced from 62.2% to 31.1% over the past 5 years.
Debt Coverage: PLEK's debt is well covered by operating cash flow (123%).
Interest Coverage: PLEK's interest payments on its debt are well covered by EBIT (21.2x coverage).