Biomass Energy Project Balance Sheet Health
Financial Health criteria checks 4/6
Biomass Energy Project has a total shareholder equity of PLN28.7M and total debt of PLN232.8K, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are PLN38.9M and PLN10.1M respectively. Biomass Energy Project's EBIT is PLN419.6K making its interest coverage ratio 3. It has cash and short-term investments of PLN123.8K.
Key information
0.8%
Debt to equity ratio
zł232.84k
Debt
| Interest coverage ratio | 3x |
| Cash | zł123.82k |
| Equity | zł28.74m |
| Total liabilities | zł10.12m |
| Total assets | zł38.86m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BEP's short term assets (PLN26.3M) exceed its short term liabilities (PLN5.7M).
Long Term Liabilities: BEP's short term assets (PLN26.3M) exceed its long term liabilities (PLN4.4M).
Debt to Equity History and Analysis
Debt Level: BEP's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: BEP's debt to equity ratio has reduced from 2.3% to 0.8% over the past 5 years.
Debt Coverage: BEP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BEP's interest payments on its debt are not well covered by EBIT (3x coverage).