Gobarto Balance Sheet Health
Financial Health criteria checks 6/6
Gobarto has a total shareholder equity of PLN548.4M and total debt of PLN191.4M, which brings its debt-to-equity ratio to 34.9%. Its total assets and total liabilities are PLN1.2B and PLN669.3M respectively. Gobarto's EBIT is PLN123.1M making its interest coverage ratio 5.8. It has cash and short-term investments of PLN48.8M.
Key information
34.9%
Debt to equity ratio
zł191.43m
Debt
| Interest coverage ratio | 5.8x |
| 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
Gobarto 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 (26%) is considered satisfactory.
Reducing Debt: GOB's debt to equity ratio has reduced from 58.4% to 34.9% over the past 5 years.
Debt Coverage: GOB's debt is well covered by operating cash flow (34.3%).
Interest Coverage: GOB's interest payments on its debt are well covered by EBIT (5.8x coverage).