Tire Company Debica Balance Sheet Health
Financial Health criteria checks 6/6
Tire Company Debica has a total shareholder equity of PLN1.4B and total debt of PLN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PLN2.3B and PLN979.9M respectively. Tire Company Debica's EBIT is PLN194.6M making its interest coverage ratio -4.9. It has cash and short-term investments of PLN780.9M.
Key information
0%
Debt to equity ratio
zł0
Debt
| Interest coverage ratio | -4.9x |
| Cash | zł780.92m |
| Equity | zł1.37b |
| Total liabilities | zł979.91m |
| Total assets | zł2.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0LSR's short term assets (PLN1.4B) exceed its short term liabilities (PLN920.1M).
Long Term Liabilities: 0LSR's short term assets (PLN1.4B) exceed its long term liabilities (PLN59.8M).
Debt to Equity History and Analysis
Debt Level: 0LSR is debt free.
Reducing Debt: 0LSR has not had any debt for past 5 years.
Debt Coverage: 0LSR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0LSR has no debt, therefore coverage of interest payments is not a concern.