Enter Air Balance Sheet Health
Financial Health criteria checks 2/6
Enter Air has a total shareholder equity of PLN293.5M and total debt of PLN224.6M, which brings its debt-to-equity ratio to 76.5%. Its total assets and total liabilities are PLN2.0B and PLN1.8B respectively. Enter Air's EBIT is PLN151.2M making its interest coverage ratio 2.1. It has cash and short-term investments of PLN217.9M.
Key information
76.5%
Debt to equity ratio
zł224.65m
Debt
| Interest coverage ratio | 2.1x |
| Cash | zł217.88m |
| Equity | zł293.50m |
| Total liabilities | zł1.75b |
| Total assets | zł2.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 10N's short term assets (PLN410.4M) do not cover its short term liabilities (PLN673.5M).
Long Term Liabilities: 10N's short term assets (PLN410.4M) do not cover its long term liabilities (PLN1.1B).
Debt to Equity History and Analysis
Debt Level: 10N's net debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: 10N's debt to equity ratio has increased from 12% to 76.5% over the past 5 years.
Debt Coverage: 10N's debt is well covered by operating cash flow (161%).
Interest Coverage: 10N's interest payments on its debt are not well covered by EBIT (2.1x coverage).