Tax-Net Balance Sheet Health
Financial Health criteria checks 6/6
Tax-Net has a total shareholder equity of PLN4.5M and total debt of PLN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PLN6.0M and PLN1.5M respectively. Tax-Net's EBIT is PLN823.6K making its interest coverage ratio -77.3. It has cash and short-term investments of PLN1.7M.
Key information
0%
Debt to equity ratio
zł0
Debt
| Interest coverage ratio | -77.3x |
| Cash | zł1.66m |
| Equity | zł4.51m |
| Total liabilities | zł1.47m |
| Total assets | zł5.99m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TXN's short term assets (PLN4.0M) exceed its short term liabilities (PLN1.3M).
Long Term Liabilities: TXN's short term assets (PLN4.0M) exceed its long term liabilities (PLN160.1K).
Debt to Equity History and Analysis
Debt Level: TXN is debt free.
Reducing Debt: TXN has no debt compared to 5 years ago when its debt to equity ratio was 26.2%.
Debt Coverage: TXN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TXN has no debt, therefore coverage of interest payments is not a concern.