Wielton Balance Sheet Health
Financial Health criteria checks 2/6
Wielton has a total shareholder equity of PLN566.0M and total debt of PLN573.6M, which brings its debt-to-equity ratio to 101.3%. Its total assets and total liabilities are PLN2.3B and PLN1.7B respectively. Wielton's EBIT is PLN97.0M making its interest coverage ratio 2.6. It has cash and short-term investments of PLN95.4M.
Key information
101.3%
Debt to equity ratio
zł573.64m
Debt
| Interest coverage ratio | 2.6x |
| Cash | zł95.40m |
| Equity | zł566.04m |
| Total liabilities | zł1.69b |
| Total assets | zł2.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0LZL's short term assets (PLN1.4B) exceed its short term liabilities (PLN1.2B).
Long Term Liabilities: 0LZL's short term assets (PLN1.4B) exceed its long term liabilities (PLN529.8M).
Debt to Equity History and Analysis
Debt Level: 0LZL's net debt to equity ratio (84.5%) is considered high.
Reducing Debt: 0LZL's debt to equity ratio has increased from 52.2% to 101.3% over the past 5 years.
Debt Coverage: 0LZL's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: 0LZL's interest payments on its debt are not well covered by EBIT (2.6x coverage).