Wojas Balance Sheet Health
Financial Health criteria checks 3/6
Wojas has a total shareholder equity of PLN126.1M and total debt of PLN74.5M, which brings its debt-to-equity ratio to 59.1%. Its total assets and total liabilities are PLN317.9M and PLN191.8M respectively. Wojas's EBIT is PLN38.7M making its interest coverage ratio 4.7. It has cash and short-term investments of PLN2.4M.
Key information
59.1%
Debt to equity ratio
zł74.50m
Debt
| Interest coverage ratio | 4.7x |
| Cash | zł2.44m |
| Equity | zł126.12m |
| Total liabilities | zł191.81m |
| Total assets | zł317.93m |
Recent financial health updates
These 4 Measures Indicate That Wojas (WSE:WOJ) Is Using Debt Extensively
Aug 12
Wojas (WSE:WOJ) Takes On Some Risk With Its Use Of Debt
Mar 07Is Wojas (WSE:WOJ) Using Debt In A Risky Way?
Mar 10Recent updates
Earnings Working Against Wojas S.A.'s (WSE:WOJ) Share Price
Jan 04Why We Like The Returns At Wojas (WSE:WOJ)
Oct 19These 4 Measures Indicate That Wojas (WSE:WOJ) Is Using Debt Extensively
Aug 12Wojas (WSE:WOJ) Takes On Some Risk With Its Use Of Debt
Mar 07Wojas (WSE:WOJ) Is Doing The Right Things To Multiply Its Share Price
Jun 28We Think Wojas' (WSE:WOJ) Healthy Earnings Might Be Conservative
Sep 30Is Wojas (WSE:WOJ) Using Debt In A Risky Way?
Mar 10Financial Position Analysis
Short Term Liabilities: WOJ's short term assets (PLN203.0M) exceed its short term liabilities (PLN143.1M).
Long Term Liabilities: WOJ's short term assets (PLN203.0M) exceed its long term liabilities (PLN48.7M).
Debt to Equity History and Analysis
Debt Level: WOJ's net debt to equity ratio (57.1%) is considered high.
Reducing Debt: WOJ's debt to equity ratio has increased from 56.5% to 59.1% over the past 5 years.
Debt Coverage: Insufficient data to determine if WOJ's debt is well covered by operating cash flow.
Interest Coverage: WOJ's interest payments on its debt are well covered by EBIT (4.7x coverage).