New Tech Capital Balance Sheet Health
Financial Health criteria checks 3/6
New Tech Capital has a total shareholder equity of PLN21.8M and total debt of PLN502.3K, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are PLN31.6M and PLN9.7M respectively.
Key information
2.3%
Debt to equity ratio
zł502.33k
Debt
| Interest coverage ratio | n/a |
| Cash | zł6.86m |
| Equity | zł21.84m |
| Total liabilities | zł9.73m |
| Total assets | zł31.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NTC's short term assets (PLN7.2M) do not cover its short term liabilities (PLN7.5M).
Long Term Liabilities: NTC's short term assets (PLN7.2M) exceed its long term liabilities (PLN2.3M).
Debt to Equity History and Analysis
Debt Level: NTC has more cash than its total debt.
Reducing Debt: NTC's debt to equity ratio has reduced from 9.6% to 2.3% over the past 5 years.
Debt Coverage: NTC's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: Insufficient data to determine if NTC's interest payments on its debt are well covered by EBIT.