APIS Spólka Akcyjna Balance Sheet Health
Financial Health criteria checks 2/6
APIS Spólka Akcyjna has a total shareholder equity of PLN5.6M and total debt of PLN3.5M, which brings its debt-to-equity ratio to 62%. Its total assets and total liabilities are PLN20.0M and PLN14.5M respectively.
Key information
62.0%
Debt to equity ratio
zł3.45m
Debt
| Interest coverage ratio | n/a |
| Cash | zł71.94k |
| Equity | zł5.56m |
| Total liabilities | zł14.46m |
| Total assets | zł20.02m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ASA's short term assets (PLN15.9M) exceed its short term liabilities (PLN11.0M).
Long Term Liabilities: ASA's short term assets (PLN15.9M) exceed its long term liabilities (PLN3.5M).
Debt to Equity History and Analysis
Debt Level: ASA's net debt to equity ratio (60.7%) is considered high.
Reducing Debt: ASA's debt to equity ratio has increased from 2.3% to 62% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ASA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ASA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 45.7% each year