Sundragon Balance Sheet Health
Financial Health criteria checks 4/6
Sundragon has a total shareholder equity of PLN32.5M and total debt of PLN520.0K, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are PLN40.8M and PLN8.3M respectively. Sundragon's EBIT is PLN2.9M making its interest coverage ratio 15.7. It has cash and short-term investments of PLN2.5M.
Key information
1.6%
Debt to equity ratio
zł520.00k
Debt
Interest coverage ratio | 15.7x |
Cash | zł2.55m |
Equity | zł32.48m |
Total liabilities | zł8.32m |
Total assets | zł40.80m |
Financial Position Analysis
Short Term Liabilities: SDG's short term assets (PLN14.3M) exceed its short term liabilities (PLN6.1M).
Long Term Liabilities: SDG's short term assets (PLN14.3M) exceed its long term liabilities (PLN2.2M).
Debt to Equity History and Analysis
Debt Level: SDG has more cash than its total debt.
Reducing Debt: SDG's debt to equity ratio has increased from 0% to 1.6% over the past 5 years.
Debt Coverage: SDG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SDG's interest payments on its debt are well covered by EBIT (15.7x coverage).