Mera Balance Sheet Health
Financial Health criteria checks 4/6
Mera has a total shareholder equity of PLN46.1M and total debt of PLN12.5M, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are PLN66.2M and PLN20.1M respectively.
Key information
27.2%
Debt to equity ratio
zł12.52m
Debt
Interest coverage ratio | n/a |
Cash | zł16.57m |
Equity | zł46.07m |
Total liabilities | zł20.11m |
Total assets | zł66.18m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: MER's short term assets (PLN34.3M) exceed its short term liabilities (PLN6.5M).
Long Term Liabilities: MER's short term assets (PLN34.3M) exceed its long term liabilities (PLN13.6M).
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 61.5% to 27.2% over the past 5 years.
Debt Coverage: MER's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: Insufficient data to determine if MER's interest payments on its debt are well covered by EBIT.