Pkp Cargo Balance Sheet Health
Financial Health criteria checks 1/6
Pkp Cargo has a total shareholder equity of PLN3.2B and total debt of PLN2.9B, which brings its debt-to-equity ratio to 90.4%. Its total assets and total liabilities are PLN8.3B and PLN5.1B respectively. Pkp Cargo's EBIT is PLN291.4M making its interest coverage ratio 1.7. It has cash and short-term investments of PLN263.7M.
Key information
90.4%
Debt to equity ratio
zł2.89b
Debt
Interest coverage ratio | 1.7x |
Cash | zł263.70m |
Equity | zł3.20b |
Total liabilities | zł5.12b |
Total assets | zł8.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PK3's short term assets (PLN1.3B) do not cover its short term liabilities (PLN2.3B).
Long Term Liabilities: PK3's short term assets (PLN1.3B) do not cover its long term liabilities (PLN2.8B).
Debt to Equity History and Analysis
Debt Level: PK3's net debt to equity ratio (82.1%) is considered high.
Reducing Debt: PK3's debt to equity ratio has increased from 38.2% to 90.4% over the past 5 years.
Debt Coverage: PK3's debt is well covered by operating cash flow (41.8%).
Interest Coverage: PK3's interest payments on its debt are not well covered by EBIT (1.7x coverage).