Eurosnack Balance Sheet Health
Financial Health criteria checks 5/6
Eurosnack has a total shareholder equity of PLN25.8M and total debt of PLN3.1M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are PLN63.2M and PLN37.4M respectively. Eurosnack's EBIT is PLN18.0M making its interest coverage ratio 12.4. It has cash and short-term investments of PLN1.3M.
Key information
11.9%
Debt to equity ratio
zł3.06m
Debt
| Interest coverage ratio | 12.4x |
| Cash | zł1.34m |
| Equity | zł25.80m |
| Total liabilities | zł37.37m |
| Total assets | zł63.17m |
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
Eurosnack (WSE:ECK) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Aug 23A 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 (PLN24.8M) do not cover its short term liabilities (PLN29.7M).
Long Term Liabilities: ECK's short term assets (PLN24.8M) exceed its long term liabilities (PLN7.7M).
Debt to Equity History and Analysis
Debt Level: ECK's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: ECK's debt to equity ratio has reduced from 79.8% to 11.9% over the past 5 years.
Debt Coverage: ECK's debt is well covered by operating cash flow (797.8%).
Interest Coverage: ECK's interest payments on its debt are well covered by EBIT (12.4x coverage).