Globe Trade Centre Balance Sheet Health
Financial Health criteria checks 3/6
Globe Trade Centre has a total shareholder equity of PLN4.9B and total debt of PLN5.6B, which brings its debt-to-equity ratio to 113.3%. Its total assets and total liabilities are PLN11.7B and PLN6.8B respectively. Globe Trade Centre's EBIT is PLN437.1M making its interest coverage ratio 3.2. It has cash and short-term investments of PLN530.0M.
Key information
113.3%
Debt to equity ratio
zł5.58b
Debt
Interest coverage ratio | 3.2x |
Cash | zł530.00m |
Equity | zł4.92b |
Total liabilities | zł6.81b |
Total assets | zł11.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0K02's short term assets (PLN798.0M) exceed its short term liabilities (PLN473.0M).
Long Term Liabilities: 0K02's short term assets (PLN798.0M) do not cover its long term liabilities (PLN6.3B).
Debt to Equity History and Analysis
Debt Level: 0K02's net debt to equity ratio (102.5%) is considered high.
Reducing Debt: 0K02's debt to equity ratio has reduced from 116.7% to 113.3% over the past 5 years.
Debt Coverage: 0K02's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: 0K02's interest payments on its debt are well covered by EBIT (3.2x coverage).