Echo Investment Balance Sheet Health
Financial Health criteria checks 2/6
Echo Investment has a total shareholder equity of PLN1.9B and total debt of PLN3.0B, which brings its debt-to-equity ratio to 155.6%. Its total assets and total liabilities are PLN6.7B and PLN4.8B respectively. Echo Investment's EBIT is PLN221.0M making its interest coverage ratio 2. It has cash and short-term investments of PLN729.8M.
Key information
155.6%
Debt to equity ratio
zł3.00b
Debt
Interest coverage ratio | 2x |
Cash | zł729.85m |
Equity | zł1.92b |
Total liabilities | zł4.78b |
Total assets | zł6.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0LTK's short term assets (PLN4.1B) exceed its short term liabilities (PLN2.4B).
Long Term Liabilities: 0LTK's short term assets (PLN4.1B) exceed its long term liabilities (PLN2.4B).
Debt to Equity History and Analysis
Debt Level: 0LTK's net debt to equity ratio (117.7%) is considered high.
Reducing Debt: 0LTK's debt to equity ratio has increased from 70.6% to 155.6% over the past 5 years.
Debt Coverage: 0LTK's debt is not well covered by operating cash flow (0.7%).
Interest Coverage: 0LTK's interest payments on its debt are not well covered by EBIT (2x coverage).