Termo2Power Balance Sheet Health
Financial Health criteria checks 4/6
Termo2Power has a total shareholder equity of PLN1.4M and total debt of PLN149.7K, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are PLN4.2M and PLN2.9M respectively. Termo2Power's EBIT is PLN292.3K making its interest coverage ratio 14.5. It has cash and short-term investments of PLN716.3K.
Key information
11.1%
Debt to equity ratio
zł149.66k
Debt
Interest coverage ratio | 14.5x |
Cash | zł716.33k |
Equity | zł1.35m |
Total liabilities | zł2.86m |
Total assets | zł4.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T2P's short term assets (PLN1.4M) do not cover its short term liabilities (PLN1.5M).
Long Term Liabilities: T2P's short term assets (PLN1.4M) exceed its long term liabilities (PLN1.3M).
Debt to Equity History and Analysis
Debt Level: T2P has more cash than its total debt.
Reducing Debt: T2P's debt to equity ratio has increased from 5.9% to 11.1% over the past 5 years.
Debt Coverage: T2P's debt is well covered by operating cash flow (811.7%).
Interest Coverage: T2P's interest payments on its debt are well covered by EBIT (14.5x coverage).