Magna Polonia Balance Sheet Health
Financial Health criteria checks 6/6
Magna Polonia has a total shareholder equity of PLN101.9M and total debt of PLN3.3M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are PLN111.5M and PLN9.6M respectively. Magna Polonia's EBIT is PLN86.3M making its interest coverage ratio -52.6. It has cash and short-term investments of PLN70.7M.
Key information
3.2%
Debt to equity ratio
zł3.28m
Debt
Interest coverage ratio | -52.6x |
Cash | zł70.69m |
Equity | zł101.88m |
Total liabilities | zł9.60m |
Total assets | zł111.48m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 06N's short term assets (PLN77.2M) exceed its short term liabilities (PLN5.7M).
Long Term Liabilities: 06N's short term assets (PLN77.2M) exceed its long term liabilities (PLN3.9M).
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 8.1% to 3.2% over the past 5 years.
Debt Coverage: 06N's debt is well covered by operating cash flow (2032.7%).
Interest Coverage: 06N earns more interest than it pays, so coverage of interest payments is not a concern.