PGE Polska Grupa Energetyczna Balance Sheet Health
Financial Health criteria checks 4/6
PGE Polska Grupa Energetyczna has a total shareholder equity of PLN47.9B and total debt of PLN13.4B, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are PLN113.4B and PLN65.6B respectively. PGE Polska Grupa Energetyczna's EBIT is PLN5.6B making its interest coverage ratio -35.8. It has cash and short-term investments of PLN7.3B.
Key information
28.0%
Debt to equity ratio
zł13.41b
Debt
Interest coverage ratio | -35.8x |
Cash | zł7.31b |
Equity | zł47.86b |
Total liabilities | zł65.59b |
Total assets | zł113.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MN3's short term assets (PLN35.1B) do not cover its short term liabilities (PLN42.2B).
Long Term Liabilities: 0MN3's short term assets (PLN35.1B) exceed its long term liabilities (PLN23.4B).
Debt to Equity History and Analysis
Debt Level: 0MN3's net debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: 0MN3's debt to equity ratio has increased from 22.4% to 28% over the past 5 years.
Debt Coverage: 0MN3's debt is well covered by operating cash flow (24.4%).
Interest Coverage: 0MN3 earns more interest than it pays, so coverage of interest payments is not a concern.