Tire Company Debica Balance Sheet Health
Financial Health criteria checks 6/6
Tire Company Debica has a total shareholder equity of PLN1.4B and total debt of PLN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PLN2.4B and PLN999.5M respectively. Tire Company Debica's EBIT is PLN430.2M making its interest coverage ratio -11.3. It has cash and short-term investments of PLN876.6M.
Key information
0%
Debt to equity ratio
zł0
Debt
| Interest coverage ratio | -11.3x |
| Cash | zł876.61m |
| Equity | zł1.43b |
| Total liabilities | zł999.51m |
| Total assets | zł2.43b |
Recent financial health updates
No updates
Recent updates
We Think Tire Company Debica's (WSE:DBC) Solid Earnings Are Understated
May 03
Tire Company Debica's (WSE:DBC) Dividend Is Being Reduced To PLN2.32
Aug 08Tire Company Debica (WSE:DBC) Has Announced That Its Dividend Will Be Reduced To PLN2.32
Jul 15Tire Company Debica (WSE:DBC) Has Announced That Its Dividend Will Be Reduced To zł2.32
May 13The Strong Earnings Posted By Firma Oponiarska Debica (WSE:DBC) Are A Good Indication Of The Strength Of The Business
Sep 21Financial Position Analysis
Short Term Liabilities: DBC's short term assets (PLN1.6B) exceed its short term liabilities (PLN901.0M).
Long Term Liabilities: DBC's short term assets (PLN1.6B) exceed its long term liabilities (PLN98.5M).
Debt to Equity History and Analysis
Debt Level: DBC is debt free.
Reducing Debt: DBC has not had any debt for past 5 years.
Debt Coverage: DBC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DBC has no debt, therefore coverage of interest payments is not a concern.