LC Spólka Akcyjna Balance Sheet Health
Financial Health criteria checks 4/6
LC Spólka Akcyjna has a total shareholder equity of PLN8.3M and total debt of PLN1.0M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are PLN11.7M and PLN3.5M respectively. LC Spólka Akcyjna's EBIT is PLN514.0K making its interest coverage ratio 8.3. It has cash and short-term investments of PLN675.0K.
Key information
12.2%
Debt to equity ratio
zł1.01m
Debt
Interest coverage ratio | 8.3x |
Cash | zł675.00k |
Equity | zł8.29m |
Total liabilities | zł3.46m |
Total assets | zł11.74m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: APL's short term assets (PLN11.5M) exceed its short term liabilities (PLN2.4M).
Long Term Liabilities: APL's short term assets (PLN11.5M) exceed its long term liabilities (PLN1.1M).
Debt to Equity History and Analysis
Debt Level: APL's net debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: APL's debt to equity ratio has increased from 0% to 12.2% over the past 5 years.
Debt Coverage: APL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: APL's interest payments on its debt are well covered by EBIT (8.3x coverage).