VOOLT Spólka Akcyjna Balance Sheet Health
Financial Health criteria checks 5/6
VOOLT Spólka Akcyjna has a total shareholder equity of PLN3.0M and total debt of PLN7.8K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are PLN3.1M and PLN119.9K respectively.
Key information
0.3%
Debt to equity ratio
zł7.79k
Debt
| Interest coverage ratio | n/a |
| Cash | zł112.60k |
| Equity | zł2.97m |
| Total liabilities | zł119.85k |
| Total assets | zł3.09m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: VLT's short term assets (PLN3.1M) exceed its short term liabilities (PLN119.9K).
Long Term Liabilities: VLT's short term assets (PLN3.1M) exceed its long term liabilities (PLN1.0).
Debt to Equity History and Analysis
Debt Level: VLT has more cash than its total debt.
Reducing Debt: VLT's debt to equity ratio has reduced from 4.7% to 0.3% over the past 5 years.
Debt Coverage: VLT's debt is well covered by operating cash flow (1473.2%).
Interest Coverage: Insufficient data to determine if VLT's interest payments on its debt are well covered by EBIT.