Asseco Poland Balance Sheet Health
Financial Health criteria checks 5/6
Asseco Poland has a total shareholder equity of PLN9.1B and total debt of PLN3.3B, which brings its debt-to-equity ratio to 36.8%. Its total assets and total liabilities are PLN18.8B and PLN9.8B respectively. Asseco Poland's EBIT is PLN1.6B making its interest coverage ratio 16.2. It has cash and short-term investments of PLN3.3B.
Key information
36.8%
Debt to equity ratio
zł3.34b
Debt
Interest coverage ratio | 16.2x |
Cash | zł3.30b |
Equity | zł9.08b |
Total liabilities | zł9.77b |
Total assets | zł18.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0LQG's short term assets (PLN8.6B) exceed its short term liabilities (PLN6.0B).
Long Term Liabilities: 0LQG's short term assets (PLN8.6B) exceed its long term liabilities (PLN3.7B).
Debt to Equity History and Analysis
Debt Level: 0LQG's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: 0LQG's debt to equity ratio has increased from 21.7% to 36.8% over the past 5 years.
Debt Coverage: 0LQG's debt is well covered by operating cash flow (74.5%).
Interest Coverage: 0LQG's interest payments on its debt are well covered by EBIT (16.2x coverage).