ONICO Balance Sheet Health
Financial Health criteria checks 0/6
ONICO has a total shareholder equity of PLN-153.0M and total debt of PLN72.0M, which brings its debt-to-equity ratio to -47%. Its total assets and total liabilities are PLN128.6M and PLN281.6M respectively. ONICO's EBIT is PLN18.5M making its interest coverage ratio 1.1. It has cash and short-term investments of PLN27.0M.
Key information
-47.0%
Debt to equity ratio
zł71.95m
Debt
Interest coverage ratio | 1.1x |
Cash | zł27.00m |
Equity | -zł153.00m |
Total liabilities | zł281.63m |
Total assets | zł128.64m |
Financial Position Analysis
Short Term Liabilities: ONC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ONC has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ONC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ONC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ONC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ONC's interest payments on its debt are not well covered by EBIT (1.1x coverage).