Mera Balance Sheet Health
Financial Health criteria checks 4/6
Mera has a total shareholder equity of PLN39.6M and total debt of PLN12.3M, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are PLN59.9M and PLN20.3M respectively.
Key information
31.1%
Debt to equity ratio
zł12.31m
Debt
| Interest coverage ratio | n/a |
| Cash | zł17.56m |
| Equity | zł39.64m |
| Total liabilities | zł20.28m |
| Total assets | zł59.91m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: MER's short term assets (PLN29.6M) exceed its short term liabilities (PLN7.2M).
Long Term Liabilities: MER's short term assets (PLN29.6M) exceed its long term liabilities (PLN13.0M).
Debt to Equity History and Analysis
Debt Level: MER has more cash than its total debt.
Reducing Debt: MER's debt to equity ratio has reduced from 56.6% to 31.1% over the past 5 years.
Debt Coverage: MER's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: Insufficient data to determine if MER's interest payments on its debt are well covered by EBIT.