Gobarto Balance Sheet Health
Financial Health criteria checks 5/6
Gobarto has a total shareholder equity of PLN548.4M and total debt of PLN325.7M, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are PLN1.2B and PLN669.3M respectively. Gobarto's EBIT is PLN88.4M making its interest coverage ratio 4.2. It has cash and short-term investments of PLN48.8M.
Key information
59.4%
Debt to equity ratio
zł325.66m
Debt
| Interest coverage ratio | 4.2x |
| Cash | zł48.79m |
| Equity | zł548.35m |
| Total liabilities | zł669.33m |
| Total assets | zł1.22b |
Recent financial health updates
Gobarto (WSE:GOB) Takes On Some Risk With Its Use Of Debt
Apr 02
Does Gobarto (WSE:GOB) Have A Healthy Balance Sheet?
Aug 26Gobarto (WSE:GOB) Has Debt But No Earnings; Should You Worry?
Mar 16Is Gobarto (WSE:GOB) A Risky Investment?
Nov 30Does Gobarto (WSE:GOB) Have A Healthy Balance Sheet?
May 31Recent updates
Getting In Cheap On Gobarto S.A. (WSE:GOB) Is Unlikely
Nov 02Gobarto S.A.'s (WSE:GOB) 42% Share Price Surge Not Quite Adding Up
Apr 06Gobarto S.A. (WSE:GOB) Held Back By Insufficient Growth Even After Shares Climb 28%
Feb 21Gobarto (WSE:GOB) Takes On Some Risk With Its Use Of Debt
Apr 02Does Gobarto (WSE:GOB) Have A Healthy Balance Sheet?
Aug 26Gobarto (WSE:GOB) Has Debt But No Earnings; Should You Worry?
Mar 16Is Gobarto (WSE:GOB) A Risky Investment?
Nov 30Does Gobarto (WSE:GOB) Have A Healthy Balance Sheet?
May 31Financial Position Analysis
Short Term Liabilities: GOB's short term assets (PLN511.6M) exceed its short term liabilities (PLN465.5M).
Long Term Liabilities: GOB's short term assets (PLN511.6M) exceed its long term liabilities (PLN203.8M).
Debt to Equity History and Analysis
Debt Level: GOB's net debt to equity ratio (50.5%) is considered high.
Reducing Debt: GOB's debt to equity ratio has reduced from 60.5% to 59.4% over the past 5 years.
Debt Coverage: GOB's debt is well covered by operating cash flow (37.7%).
Interest Coverage: GOB's interest payments on its debt are well covered by EBIT (4.2x coverage).