KGHM Polska Miedz Balance Sheet Health
Financial Health criteria checks 6/6
KGHM Polska Miedz has a total shareholder equity of PLN28.6B and total debt of PLN5.1B, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are PLN51.4B and PLN22.8B respectively. KGHM Polska Miedz's EBIT is PLN1.0B making its interest coverage ratio -1.7. It has cash and short-term investments of PLN1.7B.
Key information
17.9%
Debt to equity ratio
zł5.12b
Debt
| Interest coverage ratio | -1.7x |
| Cash | zł1.74b |
| Equity | zł28.63b |
| Total liabilities | zł22.75b |
| Total assets | zł51.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0O8D's short term assets (PLN13.4B) exceed its short term liabilities (PLN11.6B).
Long Term Liabilities: 0O8D's short term assets (PLN13.4B) exceed its long term liabilities (PLN11.1B).
Debt to Equity History and Analysis
Debt Level: 0O8D's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: 0O8D's debt to equity ratio has reduced from 41.2% to 17.9% over the past 5 years.
Debt Coverage: 0O8D's debt is well covered by operating cash flow (118.1%).
Interest Coverage: 0O8D earns more interest than it pays, so coverage of interest payments is not a concern.