VOOLT Spólka Akcyjna Balance Sheet Health
Financial Health criteria checks 3/6
VOOLT Spólka Akcyjna has a total shareholder equity of PLN2.7M and total debt of PLN6.9K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are PLN2.8M and PLN118.8K respectively.
Key information
0.3%
Debt to equity ratio
zł6.89k
Debt
| Interest coverage ratio | n/a |
| Cash | zł3.02k |
| Equity | zł2.71m |
| Total liabilities | zł118.83k |
| Total assets | zł2.83m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: VLT's short term assets (PLN2.8M) exceed its short term liabilities (PLN118.8K).
Long Term Liabilities: VLT's short term assets (PLN2.8M) do not cover its long term liabilities (PLN-1.0).
Debt to Equity History and Analysis
Debt Level: VLT's net debt to equity ratio (0.1%) is considered satisfactory.
Reducing Debt: VLT's debt to equity ratio has reduced from 3.5% to 0.3% over the past 5 years.
Debt Coverage: VLT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if VLT's interest payments on its debt are well covered by EBIT.