Arctic Paper Balance Sheet Health
Financial Health criteria checks 6/6
Arctic Paper has a total shareholder equity of PLN1.7B and total debt of PLN173.2M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are PLN2.6B and PLN875.2M respectively. Arctic Paper's EBIT is PLN551.4M making its interest coverage ratio -567.3. It has cash and short-term investments of PLN307.2M.
Key information
10.0%
Debt to equity ratio
zł173.17m
Debt
| Interest coverage ratio | -567.3x |
| Cash | zł307.24m |
| Equity | zł1.72b |
| Total liabilities | zł875.20m |
| Total assets | zł2.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARPS's short term assets (PLN1.4B) exceed its short term liabilities (PLN575.1M).
Long Term Liabilities: ARPS's short term assets (PLN1.4B) exceed its long term liabilities (PLN300.1M).
Debt to Equity History and Analysis
Debt Level: ARPS has more cash than its total debt.
Reducing Debt: ARPS's debt to equity ratio has reduced from 56.7% to 10% over the past 5 years.
Debt Coverage: ARPS's debt is well covered by operating cash flow (297.9%).
Interest Coverage: ARPS earns more interest than it pays, so coverage of interest payments is not a concern.