Enter Air Sp. z o.o Balance Sheet Health
Financial Health criteria checks 2/6
Enter Air Sp. z o.o has a total shareholder equity of PLN357.8M and total debt of PLN189.3M, which brings its debt-to-equity ratio to 52.9%. Its total assets and total liabilities are PLN2.1B and PLN1.8B respectively. Enter Air Sp. z o.o's EBIT is PLN163.9M making its interest coverage ratio 2.5. It has cash and short-term investments of PLN292.4M.
Key information
52.9%
Debt to equity ratio
zł189.34m
Debt
Interest coverage ratio | 2.5x |
Cash | zł292.41m |
Equity | zł357.75m |
Total liabilities | zł1.78b |
Total assets | zł2.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 10N's short term assets (PLN452.9M) do not cover its short term liabilities (PLN653.8M).
Long Term Liabilities: 10N's short term assets (PLN452.9M) do not cover its long term liabilities (PLN1.1B).
Debt to Equity History and Analysis
Debt Level: 10N has more cash than its total debt.
Reducing Debt: 10N's debt to equity ratio has increased from 7.6% to 52.9% over the past 5 years.
Debt Coverage: 10N's debt is well covered by operating cash flow (185.7%).
Interest Coverage: 10N's interest payments on its debt are not well covered by EBIT (2.5x coverage).