Mex Polska Balance Sheet Health
Financial Health criteria checks 4/6
Mex Polska has a total shareholder equity of PLN15.2M and total debt of PLN2.0M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are PLN64.7M and PLN49.5M respectively. Mex Polska's EBIT is PLN5.4M making its interest coverage ratio 3.3. It has cash and short-term investments of PLN9.0M.
Key information
13.1%
Debt to equity ratio
zł1.98m
Debt
| Interest coverage ratio | 3.3x |
| Cash | zł9.01m |
| Equity | zł15.19m |
| Total liabilities | zł49.51m |
| Total assets | zł64.70m |
Recent financial health updates
Here's Why Mex Polska (WSE:MEX) Has A Meaningful Debt Burden
Aug 20
Mex Polska (WSE:MEX) Has Debt But No Earnings; Should You Worry?
Mar 18Health Check: How Prudently Does Mex Polska (WSE:MEX) Use Debt?
Nov 28Mex Polska (WSE:MEX) Has Debt But No Earnings; Should You Worry?
Dec 16Recent updates
Mex Polska (WSE:MEX) Will Be Hoping To Turn Its Returns On Capital Around
Aug 19Insufficient Growth At Mex Polska S.A. (WSE:MEX) Hampers Share Price
Jul 04Improved Earnings Required Before Mex Polska S.A. (WSE:MEX) Shares Find Their Feet
Jan 25Mex Polska (WSE:MEX) Might Become A Compounding Machine
May 23Returns On Capital At Mex Polska (WSE:MEX) Paint A Concerning Picture
Jan 29Investors Shouldn't Be Too Comfortable With Mex Polska's (WSE:MEX) Robust Earnings
Oct 07Here's Why Mex Polska (WSE:MEX) Has A Meaningful Debt Burden
Aug 20Mex Polska (WSE:MEX) Has Debt But No Earnings; Should You Worry?
Mar 18Health Check: How Prudently Does Mex Polska (WSE:MEX) Use Debt?
Nov 28Estimating The Intrinsic Value Of Mex Polska S.A. (WSE:MEX)
Apr 08Mex Polska (WSE:MEX) Has Debt But No Earnings; Should You Worry?
Dec 16Financial Position Analysis
Short Term Liabilities: MEX's short term assets (PLN13.7M) do not cover its short term liabilities (PLN20.3M).
Long Term Liabilities: MEX's short term assets (PLN13.7M) do not cover its long term liabilities (PLN29.2M).
Debt to Equity History and Analysis
Debt Level: MEX has more cash than its total debt.
Reducing Debt: MEX's debt to equity ratio has reduced from 27.2% to 13.1% over the past 5 years.
Debt Coverage: MEX's debt is well covered by operating cash flow (756.4%).
Interest Coverage: MEX's interest payments on its debt are well covered by EBIT (3.3x coverage).