APIS Spólka Akcyjna Balance Sheet Health
Financial Health criteria checks 4/6
APIS Spólka Akcyjna has a total shareholder equity of PLN4.0M and total debt of PLN2.4M, which brings its debt-to-equity ratio to 59.8%. Its total assets and total liabilities are PLN17.5M and PLN13.5M respectively.
Key information
59.8%
Debt to equity ratio
zł2.39m
Debt
| Interest coverage ratio | n/a |
| Cash | zł332.71k |
| Equity | zł4.00m |
| Total liabilities | zł13.53m |
| Total assets | zł17.53m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ASA's short term assets (PLN13.5M) exceed its short term liabilities (PLN11.8M).
Long Term Liabilities: ASA's short term assets (PLN13.5M) exceed its long term liabilities (PLN1.7M).
Debt to Equity History and Analysis
Debt Level: ASA's net debt to equity ratio (51.4%) is considered high.
Reducing Debt: ASA's debt to equity ratio has increased from 2.3% to 59.8% 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: Whilst unprofitable ASA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ASA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 35.8% per year.