Eurosnack Balance Sheet Health
Financial Health criteria checks 6/6
Eurosnack has a total shareholder equity of PLN23.6M and total debt of PLN5.4M, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are PLN54.7M and PLN31.1M respectively. Eurosnack's EBIT is PLN15.4M making its interest coverage ratio 10.2. It has cash and short-term investments of PLN749.2K.
Key information
23.0%
Debt to equity ratio
zł5.41m
Debt
| Interest coverage ratio | 10.2x |
| Cash | zł749.23k |
| Equity | zł23.56m |
| Total liabilities | zł31.15m |
| Total assets | zł54.71m |
Recent financial health updates
Eurosnack (WSE:ECK) Could Easily Take On More Debt
Jul 13
Is Eurosnack (WSE:ECK) Using Too Much Debt?
Mar 29Recent updates
A Piece Of The Puzzle Missing From Eurosnack S.A.'s (WSE:ECK) 25% Share Price Climb
Feb 27Additional Considerations Required While Assessing Eurosnack's (WSE:ECK) Strong Earnings
Feb 22Eurosnack (WSE:ECK) Could Easily Take On More Debt
Jul 13Is Eurosnack (WSE:ECK) Using Too Much Debt?
Mar 29Shareholders Can Be Confident That Eurosnack's (WSE:ECK) Earnings Are High Quality
Feb 22Estimating The Intrinsic Value Of Eurosnack S.A. (WSE:ECK)
Jun 03Eurosnack S.A.'s (WSE:ECK) Stock Is Going Strong: Is the Market Following Fundamentals?
Feb 17
Financial Position Analysis
Short Term Liabilities: ECK's short term assets (PLN28.1M) exceed its short term liabilities (PLN25.4M).
Long Term Liabilities: ECK's short term assets (PLN28.1M) exceed its long term liabilities (PLN5.8M).
Debt to Equity History and Analysis
Debt Level: ECK's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: ECK's debt to equity ratio has reduced from 55.6% to 23% over the past 5 years.
Debt Coverage: ECK's debt is well covered by operating cash flow (202.9%).
Interest Coverage: ECK's interest payments on its debt are well covered by EBIT (10.2x coverage).