Letus Capital Balance Sheet Health
Financial Health criteria checks 4/6
Letus Capital has a total shareholder equity of PLN11.1M and total debt of PLN810.6K, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are PLN6.3M and PLN-4.8M respectively. Letus Capital's EBIT is PLN893.0K making its interest coverage ratio -1611.9. It has cash and short-term investments of PLN1.0M.
Key information
7.3%
Debt to equity ratio
zł810.55k
Debt
Interest coverage ratio | -1611.9x |
Cash | zł1.01m |
Equity | zł11.06m |
Total liabilities | -zł4.78m |
Total assets | zł6.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LET's short term assets (PLN2.1M) exceed its short term liabilities (PLN531.3K).
Long Term Liabilities: LET's short term assets (PLN2.1M) do not cover its long term liabilities (PLN-5.3M).
Debt to Equity History and Analysis
Debt Level: LET has more cash than its total debt.
Reducing Debt: LET's debt to equity ratio has increased from 1.3% to 7.3% over the past 5 years.
Debt Coverage: LET's debt is well covered by operating cash flow (47.2%).
Interest Coverage: LET earns more interest than it pays, so coverage of interest payments is not a concern.