Magna Polonia Balance Sheet Health
Financial Health criteria checks 5/6
Magna Polonia has a total shareholder equity of PLN101.4M and total debt of PLN4.0M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are PLN111.3M and PLN9.8M respectively.
Key information
3.9%
Debt to equity ratio
zł3.96m
Debt
| Interest coverage ratio | n/a |
| Cash | zł70.69m |
| Equity | zł101.44m |
| Total liabilities | zł9.83m |
| Total assets | zł111.27m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 06N's short term assets (PLN77.2M) exceed its short term liabilities (PLN5.9M).
Long Term Liabilities: 06N's short term assets (PLN77.2M) exceed its long term liabilities (PLN4.0M).
Debt to Equity History and Analysis
Debt Level: 06N has more cash than its total debt.
Reducing Debt: 06N's debt to equity ratio has reduced from 4% to 3.9% over the past 5 years.
Debt Coverage: 06N's debt is well covered by operating cash flow (1678.3%).
Interest Coverage: Insufficient data to determine if 06N's interest payments on its debt are well covered by EBIT.