Balticon Balance Sheet Health
Financial Health criteria checks 6/6
Balticon has a total shareholder equity of PLN58.0M and total debt of PLN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PLN145.4M and PLN87.4M respectively. Balticon's EBIT is PLN5.6M making its interest coverage ratio 2.1. It has cash and short-term investments of PLN3.2M.
Key information
0%
Debt to equity ratio
zł0
Debt
| Interest coverage ratio | 2.1x |
| Cash | zł3.21m |
| Equity | zł57.97m |
| Total liabilities | zł87.44m |
| Total assets | zł145.41m |
Recent financial health updates
Balticon (WSE:BLT) Has A Somewhat Strained Balance Sheet
May 11
Is Balticon (WSE:BLT) Using Too Much Debt?
Feb 08Is Balticon (WSE:BLT) Using Too Much Debt?
Oct 23Recent updates
Investors Aren't Entirely Convinced By Balticon S.A.'s (WSE:BLT) Revenues
Jul 04Balticon (WSE:BLT) Will Want To Turn Around Its Return Trends
May 11Balticon S.A. (WSE:BLT) Might Not Be As Mispriced As It Looks
Apr 03Returns At Balticon (WSE:BLT) Are On The Way Up
Oct 12The Returns At Balticon (WSE:BLT) Aren't Growing
Feb 16The Returns At Balticon (WSE:BLT) Aren't Growing
Nov 08Balticon (WSE:BLT) Is Experiencing Growth In Returns On Capital
Jul 07Balticon (WSE:BLT) Has A Somewhat Strained Balance Sheet
May 11The Return Trends At Balticon (WSE:BLT) Look Promising
Mar 30Is Balticon (WSE:BLT) Using Too Much Debt?
Feb 08Balticon (WSE:BLT) Is Doing The Right Things To Multiply Its Share Price
Nov 20Is Balticon (WSE:BLT) Using Too Much Debt?
Oct 23Balticon (WSE:BLT) Might Have The Makings Of A Multi-Bagger
Aug 11Balticon (WSE:BLT) Is Experiencing Growth In Returns On Capital
Apr 17Shareholders Can Be Confident That Balticon's (WSE:BLT) Earnings Are High Quality
Feb 22Calculating The Intrinsic Value Of Balticon S.A. (WSE:BLT)
Feb 15
Do Its Financials Have Any Role To Play In Driving Balticon S.A.'s (WSE:BLT) Stock Up Recently?
Jan 11Financial Position Analysis
Short Term Liabilities: BLT's short term assets (PLN59.0M) exceed its short term liabilities (PLN57.7M).
Long Term Liabilities: BLT's short term assets (PLN59.0M) exceed its long term liabilities (PLN29.7M).
Debt to Equity History and Analysis
Debt Level: BLT is debt free.
Reducing Debt: BLT has no debt compared to 5 years ago when its debt to equity ratio was 50.1%.
Debt Coverage: BLT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BLT has no debt, therefore coverage of interest payments is not a concern.