Wise Energy Balance Sheet Health
Financial Health criteria checks 3/6
Wise Energy has a total shareholder equity of PLN40.0M and total debt of PLN19.2M, which brings its debt-to-equity ratio to 48.1%. Its total assets and total liabilities are PLN96.8M and PLN56.8M respectively. Wise Energy's EBIT is PLN8.1M making its interest coverage ratio 2.7. It has cash and short-term investments of PLN19.1M.
Key information
48.1%
Debt to equity ratio
zł19.25m
Debt
| Interest coverage ratio | 2.7x |
| Cash | zł19.06m |
| Equity | zł40.03m |
| Total liabilities | zł56.75m |
| Total assets | zł96.79m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FMG's short term assets (PLN70.2M) exceed its short term liabilities (PLN18.8M).
Long Term Liabilities: FMG's short term assets (PLN70.2M) exceed its long term liabilities (PLN38.0M).
Debt to Equity History and Analysis
Debt Level: FMG's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: FMG's debt to equity ratio has increased from 20.4% to 48.1% over the past 5 years.
Debt Coverage: FMG's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: FMG's interest payments on its debt are not well covered by EBIT (2.7x coverage).