Eurosnack Balance Sheet Health
Financial Health criteria checks 6/6
Eurosnack has a total shareholder equity of PLN26.1M and total debt of PLN4.6M, which brings its debt-to-equity ratio to 17.6%. Its total assets and total liabilities are PLN64.3M and PLN38.2M respectively. Eurosnack's EBIT is PLN17.3M making its interest coverage ratio 12.5. It has cash and short-term investments of PLN9.6M.
Key information
17.6%
Debt to equity ratio
zł4.59m
Debt
| Interest coverage ratio | 12.5x |
| Cash | zł9.58m |
| Equity | zł26.06m |
| Total liabilities | zł38.21m |
| Total assets | zł64.26m |
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 (PLN35.7M) exceed its short term liabilities (PLN29.7M).
Long Term Liabilities: ECK's short term assets (PLN35.7M) exceed its long term liabilities (PLN8.5M).
Debt to Equity History and Analysis
Debt Level: ECK has more cash than its total debt.
Reducing Debt: ECK's debt to equity ratio has reduced from 57.2% to 17.6% over the past 5 years.
Debt Coverage: ECK's debt is well covered by operating cash flow (361.3%).
Interest Coverage: ECK's interest payments on its debt are well covered by EBIT (12.5x coverage).