Wikana Balance Sheet Health
Financial Health criteria checks 6/6
Wikana has a total shareholder equity of PLN96.6M and total debt of PLN36.8M, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are PLN278.4M and PLN181.8M respectively. Wikana's EBIT is PLN22.5M making its interest coverage ratio 8.9. It has cash and short-term investments of PLN31.5M.
Key information
38.1%
Debt to equity ratio
zł36.82m
Debt
| Interest coverage ratio | 8.9x |
| Cash | zł31.52m |
| Equity | zł96.57m |
| Total liabilities | zł181.80m |
| Total assets | zł278.37m |
Recent financial health updates
These 4 Measures Indicate That Wikana (WSE:WIK) Is Using Debt Reasonably Well
Jan 05
Wikana (WSE:WIK) Seems To Use Debt Quite Sensibly
Mar 26Wikana (WSE:WIK) Seems To Use Debt Quite Sensibly
Dec 12Does Wikana (WSE:WIK) Have A Healthy Balance Sheet?
Jun 15Is Wikana (WSE:WIK) A Risky Investment?
Jan 07
Recent updates
Wikana S.A. (WSE:WIK) Shares Fly 31% But Investors Aren't Buying For Growth
Apr 01We Like These Underlying Return On Capital Trends At Wikana (WSE:WIK)
Mar 19These 4 Measures Indicate That Wikana (WSE:WIK) Is Using Debt Reasonably Well
Jan 05Wikana (WSE:WIK) Seems To Use Debt Quite Sensibly
Mar 26The Trend Of High Returns At Wikana (WSE:WIK) Has Us Very Interested
Jan 26Wikana (WSE:WIK) Seems To Use Debt Quite Sensibly
Dec 12Why We Like The Returns At Wikana (WSE:WIK)
Oct 05Calculating The Fair Value Of Wikana S.A. (WSE:WIK)
Aug 10Does Wikana (WSE:WIK) Have A Healthy Balance Sheet?
Jun 15We Like The Quality Of Wikana's (WSE:WIK) Earnings
Apr 26Should We Be Excited About The Trends Of Returns At Wikana (WSE:WIK)?
Mar 09Is Wikana (WSE:WIK) A Risky Investment?
Jan 07Financial Position Analysis
Short Term Liabilities: WIK's short term assets (PLN222.3M) exceed its short term liabilities (PLN148.7M).
Long Term Liabilities: WIK's short term assets (PLN222.3M) exceed its long term liabilities (PLN33.1M).
Debt to Equity History and Analysis
Debt Level: WIK's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: WIK's debt to equity ratio has reduced from 149.5% to 38.1% over the past 5 years.
Debt Coverage: WIK's debt is well covered by operating cash flow (34.9%).
Interest Coverage: WIK's interest payments on its debt are well covered by EBIT (8.9x coverage).