Asseco Poland Balance Sheet Health
Financial Health criteria checks 5/6
Asseco Poland has a total shareholder equity of PLN9.2B and total debt of PLN3.1B, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are PLN18.4B and PLN9.3B respectively. Asseco Poland's EBIT is PLN1.6B making its interest coverage ratio 14.6. It has cash and short-term investments of PLN2.6B.
Key information
34.3%
Debt to equity ratio
zł3.15b
Debt
| Interest coverage ratio | 14.6x |
| Cash | zł2.64b |
| Equity | zł9.16b |
| Total liabilities | zł9.28b |
| Total assets | zł18.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SFB1's short term assets (PLN8.3B) exceed its short term liabilities (PLN5.8B).
Long Term Liabilities: SFB1's short term assets (PLN8.3B) exceed its long term liabilities (PLN3.4B).
Debt to Equity History and Analysis
Debt Level: SFB1's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: SFB1's debt to equity ratio has increased from 26.3% to 34.3% over the past 5 years.
Debt Coverage: SFB1's debt is well covered by operating cash flow (78.5%).
Interest Coverage: SFB1's interest payments on its debt are well covered by EBIT (14.6x coverage).