Adatex Balance Sheet Health
Financial Health criteria checks 6/6
Adatex has a total shareholder equity of PLN197.2M and total debt of PLN70.0M, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are PLN300.9M and PLN103.7M respectively. Adatex's EBIT is PLN10.0M making its interest coverage ratio 5.4. It has cash and short-term investments of PLN1.5M.
Key information
35.5%
Debt to equity ratio
zł70.02m
Debt
| Interest coverage ratio | 5.4x |
| Cash | zł1.49m |
| Equity | zł197.23m |
| Total liabilities | zł103.66m |
| Total assets | zł300.89m |
Recent financial health updates
Recent updates
Returns At Adatex (WSE:ADX) Are On The Way Up
Jun 06
Further Upside For Adatex S.A. (WSE:ADX) Shares Could Introduce Price Risks After 124% Bounce
Apr 22Adatex (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 (PLN156.9M) exceed its short term liabilities (PLN91.5M).
Long Term Liabilities: ADX's short term assets (PLN156.9M) exceed its long term liabilities (PLN12.2M).
Debt to Equity History and Analysis
Debt Level: ADX's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: ADX's debt to equity ratio has reduced from 70.8% to 35.5% over the past 5 years.
Debt Coverage: ADX's debt is well covered by operating cash flow (21.8%).
Interest Coverage: ADX's interest payments on its debt are well covered by EBIT (5.4x coverage).