PGF Polska Grupa Fotowoltaiczna Balance Sheet Health
Financial Health criteria checks 4/6
PGF Polska Grupa Fotowoltaiczna has a total shareholder equity of PLN136.9M and total debt of PLN4.8M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are PLN209.6M and PLN72.7M respectively. PGF Polska Grupa Fotowoltaiczna's EBIT is PLN5.8M making its interest coverage ratio -0.6. It has cash and short-term investments of PLN5.2M.
Key information
3.5%
Debt to equity ratio
zł4.83m
Debt
| Interest coverage ratio | -0.6x |
| Cash | zł5.19m |
| Equity | zł136.95m |
| Total liabilities | zł72.69m |
| Total assets | zł209.64m |
Recent financial health updates
Recent updates
PGF Polska Grupa Fotowoltaiczna's (WSE:PGV) Returns On Capital Are Heading Higher
Aug 15
Returns Are Gaining Momentum At PGF Polska Grupa Fotowoltaiczna (WSE:PGV)
Oct 20PGF Polska Grupa Fotowoltaiczna (WSE:PGV) Has A Somewhat Strained Balance Sheet
Nov 21Returns Are Gaining Momentum At PGF Polska Grupa Fotowoltaiczna (WSE:PGV)
Sep 29Returns At PGF Polska Grupa Fotowoltaiczna (WSE:PGV) Are On The Way Up
May 20Financial Position Analysis
Short Term Liabilities: PGV's short term assets (PLN45.0M) exceed its short term liabilities (PLN37.4M).
Long Term Liabilities: PGV's short term assets (PLN45.0M) exceed its long term liabilities (PLN35.2M).
Debt to Equity History and Analysis
Debt Level: PGV has more cash than its total debt.
Reducing Debt: PGV's debt to equity ratio has reduced from 30.3% to 3.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if PGV has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PGV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.