Mirbud Financial Health

Short Term Liabilities: MRB's short term assets (PLN1.6B) exceed its short term liabilities (PLN1.0B).

Long Term Liabilities: MRB's short term assets (PLN1.6B) exceed its long term liabilities (PLN681.1M).

Debt Level: MRB's net debt to equity ratio (24.8%) is considered satisfactory.

Reducing Debt: MRB's debt to equity ratio has reduced from 87.2% to 57.2% over the past 5 years.

Debt Coverage: MRB's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: MRB's interest payments on its debt are well covered by EBIT (7.6x coverage).

• Healthy companies in the Capital Goods industry.