Adatex Balance Sheet Health
Financial Health criteria checks 4/6
Adatex has a total shareholder equity of PLN219.2M and total debt of PLN80.4M, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are PLN339.2M and PLN120.0M respectively. Adatex's EBIT is PLN3.1M making its interest coverage ratio 1.6. It has cash and short-term investments of PLN1.1M.
Key information
36.7%
Debt to equity ratio
zł80.38m
Debt
| Interest coverage ratio | 1.6x |
| Cash | zł1.06m |
| Equity | zł219.24m |
| Total liabilities | zł119.95m |
| Total assets | zł339.20m |
Recent financial health updates
Recent updates
Further Upside For Adatex S.A. (WSE:ADX) Shares Could Introduce Price Risks After 124% Bounce
Apr 22
Adatex (WSE:ADX) Has No Shortage Of Debt
Mar 13Adatex Deweloper (WSE:ADX) Shareholders Will Want The ROCE Trajectory To Continue
Nov 18Adatex Deweloper S.A.'s (WSE:ADX) Shares May Have Run Too Fast Too Soon
Aug 02Adatex Deweloper (WSE:ADX) Is Experiencing Growth In Returns On Capital
Jun 08Financial Position Analysis
Short Term Liabilities: ADX's short term assets (PLN160.5M) exceed its short term liabilities (PLN107.8M).
Long Term Liabilities: ADX's short term assets (PLN160.5M) exceed its long term liabilities (PLN12.2M).
Debt to Equity History and Analysis
Debt Level: ADX's net debt to equity ratio (36.2%) is considered satisfactory.
Reducing Debt: ADX's debt to equity ratio has reduced from 68.9% to 36.7% over the past 5 years.
Debt Coverage: ADX's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: ADX's interest payments on its debt are not well covered by EBIT (1.6x coverage).