BEST Balance Sheet Health
Financial Health criteria checks 3/6
BEST has a total shareholder equity of PLN776.8M and total debt of PLN684.2M, which brings its debt-to-equity ratio to 88.1%. Its total assets and total liabilities are PLN1.6B and PLN813.9M respectively. BEST's EBIT is PLN133.5M making its interest coverage ratio 2.6. It has cash and short-term investments of PLN427.1M.
Key information
88.1%
Debt to equity ratio
zł684.21m
Debt
Interest coverage ratio | 2.6x |
Cash | zł427.07m |
Equity | zł776.75m |
Total liabilities | zł813.93m |
Total assets | zł1.59b |
Recent financial health updates
BEST (WSE:BST) Takes On Some Risk With Its Use Of Debt
Jan 03Is 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 21The 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 (PLN430.0M) exceed its short term liabilities (PLN242.6M).
Long Term Liabilities: BST's short term assets (PLN430.0M) do not cover its long term liabilities (PLN571.3M).
Debt to Equity History and Analysis
Debt Level: BST's net debt to equity ratio (33.1%) is considered satisfactory.
Reducing Debt: BST's debt to equity ratio has reduced from 115.8% to 88.1% 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 (2.6x coverage).