BEST Balance Sheet Health
Financial Health criteria checks 3/6
BEST has a total shareholder equity of PLN750.0M and total debt of PLN668.9M, which brings its debt-to-equity ratio to 89.2%. Its total assets and total liabilities are PLN1.5B and PLN795.1M respectively. BEST's EBIT is PLN126.9M making its interest coverage ratio 2.7. It has cash and short-term investments of PLN417.5M.
Key information
89.2%
Debt to equity ratio
zł668.89m
Debt
| Interest coverage ratio | 2.7x |
| Cash | zł417.47m |
| Equity | zł750.02m |
| Total liabilities | zł795.10m |
| Total assets | zł1.55b |
Recent financial health updates
BEST (WSE:BST) Takes On Some Risk With Its Use Of Debt
Jan 03
Is BEST (WSE:BST) Using Too Much Debt?
Feb 24Recent updates
Earnings Troubles May Signal Larger Issues for BEST (WSE:BST) Shareholders
Apr 13BEST (WSE:BST) Takes On Some Risk With Its Use Of Debt
Jan 03BEST (WSE:BST) Ticks All The Boxes When It Comes To Earnings Growth
Mar 13BEST (WSE:BST) Is Achieving High Returns On Its Capital
Feb 10BEST (WSE:BST) Will Be Looking To Turn Around Its Returns
Apr 16BEST (WSE:BST) Is Reinvesting At Lower Rates Of Return
Dec 21Some Investors May Be Worried About BEST's (WSE:BST) Returns On Capital
Apr 18Is BEST (WSE:BST) Using Too Much Debt?
Feb 24BEST's (WSE:BST) Shareholders Are Down 37% On Their Shares
Jan 21
The Returns At BEST (WSE:BST) Provide Us With Signs Of What's To Come
Dec 08Financial Position Analysis
Short Term Liabilities: BST's short term assets (PLN419.9M) exceed its short term liabilities (PLN241.8M).
Long Term Liabilities: BST's short term assets (PLN419.9M) do not cover its long term liabilities (PLN553.3M).
Debt to Equity History and Analysis
Debt Level: BST's net debt to equity ratio (33.5%) is considered satisfactory.
Reducing Debt: BST's debt to equity ratio has reduced from 130.9% to 89.2% over the past 5 years.
Debt Coverage: BST's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BST's interest payments on its debt are not well covered by EBIT (2.7x coverage).