Text Balance Sheet Health
Financial Health criteria checks 6/6
Text has a total shareholder equity of PLN128.6M and total debt of PLN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PLN209.6M and PLN81.0M respectively. Text's EBIT is PLN204.9M making its interest coverage ratio 511. It has cash and short-term investments of PLN92.2M.
Key information
0%
Debt to equity ratio
zł0
Debt
Interest coverage ratio | 511x |
Cash | zł92.25m |
Equity | zł128.64m |
Total liabilities | zł80.99m |
Total assets | zł209.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QTE's short term assets (PLN137.3M) exceed its short term liabilities (PLN78.8M).
Long Term Liabilities: 0QTE's short term assets (PLN137.3M) exceed its long term liabilities (PLN2.2M).
Debt to Equity History and Analysis
Debt Level: 0QTE is debt free.
Reducing Debt: 0QTE has not had any debt for past 5 years.
Debt Coverage: 0QTE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0QTE has no debt, therefore coverage of interest payments is not a concern.