Tire Company Debica Balance Sheet Health

Financial Health criteria checks 6/6

Tire Company Debica has a total shareholder equity of PLN1.3B and total debt of PLN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PLN2.5B and PLN1.2B respectively. Tire Company Debica's EBIT is PLN233.1M making its interest coverage ratio -5.7. It has cash and short-term investments of PLN723.0M.

Key information

0%

Debt to equity ratio

zł0

Debt

Interest coverage ratio-5.7x
Cashzł722.97m
Equityzł1.35b
Total liabilitieszł1.15b
Total assetszł2.50b

Recent financial health updates

No updates

Recent updates

We Think Tire Company Debica's (WSE:DBC) Solid Earnings Are Understated

May 03
We Think Tire Company Debica's (WSE:DBC) Solid Earnings Are Understated

Tire Company Debica's (WSE:DBC) Dividend Is Being Reduced To PLN2.32

Aug 08
Tire Company Debica's (WSE:DBC) Dividend Is Being Reduced To PLN2.32

Tire Company Debica (WSE:DBC) Has Announced That Its Dividend Will Be Reduced To PLN2.32

Jul 15
Tire Company Debica (WSE:DBC) Has Announced That Its Dividend Will Be Reduced To PLN2.32

Tire Company Debica (WSE:DBC) Has Announced That Its Dividend Will Be Reduced To zł2.32

May 13
Tire Company Debica (WSE:DBC) Has Announced That Its Dividend Will Be Reduced To zł2.32

The Strong Earnings Posted By Firma Oponiarska Debica (WSE:DBC) Are A Good Indication Of The Strength Of The Business

Sep 21
The Strong Earnings Posted By Firma Oponiarska Debica (WSE:DBC) Are A Good Indication Of The Strength Of The Business

Financial Position Analysis

Short Term Liabilities: DBC's short term assets (PLN1.6B) exceed its short term liabilities (PLN1.1B).

Long Term Liabilities: DBC's short term assets (PLN1.6B) exceed its long term liabilities (PLN84.3M).


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.


Balance Sheet


Discover healthy companies