PGF Polska Grupa Fotowoltaiczna Balance Sheet Health
Financial Health criteria checks 6/6
PGF Polska Grupa Fotowoltaiczna has a total shareholder equity of PLN143.8M and total debt of PLN2.7M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are PLN212.7M and PLN68.8M respectively.
Key information
1.9%
Debt to equity ratio
zł2.72m
Debt
| Interest coverage ratio | n/a |
| Cash | zł6.71m |
| Equity | zł143.84m |
| Total liabilities | zł68.83m |
| Total assets | zł212.67m |
Recent financial health updates
Recent updates
Returns Are Gaining Momentum At PGF Polska Grupa Fotowoltaiczna (WSE:PGV)
Oct 20
PGF 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 (PLN50.4M) exceed its short term liabilities (PLN40.7M).
Long Term Liabilities: PGV's short term assets (PLN50.4M) exceed its long term liabilities (PLN28.1M).
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 26.9% to 1.9% 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: PGV has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: PGV has sufficient cash runway for 1 years if free cash flow continues to grow at historical rates of 14.8% each year.