Makarony Polskie Balance Sheet Health
Financial Health criteria checks 6/6
Makarony Polskie has a total shareholder equity of PLN144.9M and total debt of PLN17.6M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are PLN236.6M and PLN91.7M respectively. Makarony Polskie's EBIT is PLN52.0M making its interest coverage ratio 27. It has cash and short-term investments of PLN15.5M.
Key information
12.2%
Debt to equity ratio
zł17.62m
Debt
Interest coverage ratio | 27x |
Cash | zł15.49m |
Equity | zł144.86m |
Total liabilities | zł91.70m |
Total assets | zł236.55m |
Recent financial health updates
We Think Makarony Polskie (WSE:MAK) Can Manage Its Debt With Ease
Jan 12We Think Makarony Polskie (WSE:MAK) Can Stay On Top Of Its Debt
Feb 25Here's Why Makarony Polskie (WSE:MAK) Has A Meaningful Debt Burden
Mar 01Makarony Polskie (WSE:MAK) Has A Somewhat Strained Balance Sheet
May 06We Think Makarony Polskie (WSE:MAK) Is Taking Some Risk With Its Debt
Jan 09Recent updates
Makarony Polskie S.A. (WSE:MAK) Soars 26% But It's A Story Of Risk Vs Reward
Feb 04We Think Makarony Polskie (WSE:MAK) Can Manage Its Debt With Ease
Jan 12Investors Still Aren't Entirely Convinced By Makarony Polskie S.A.'s (WSE:MAK) Earnings Despite 41% Price Jump
Dec 18Makarony Polskie (WSE:MAK) Is Looking To Continue Growing Its Returns On Capital
Nov 29We Think Makarony Polskie (WSE:MAK) Can Stay On Top Of Its Debt
Feb 25Here's Why Makarony Polskie (WSE:MAK) Has A Meaningful Debt Burden
Mar 01Makarony Polskie (WSE:MAK) Has A Somewhat Strained Balance Sheet
May 06We're Watching These Trends At Makarony Polskie (WSE:MAK)
Mar 17Are Makarony Polskie's (WSE:MAK) Statutory Earnings A Good Guide To Its Underlying Profitability?
Feb 19Should Makarony Polskie S.A. (WSE:MAK) Be Part Of Your Income Portfolio?
Jan 29We Think Makarony Polskie (WSE:MAK) Is Taking Some Risk With Its Debt
Jan 09Calculating The Fair Value Of Makarony Polskie S.A. (WSE:MAK)
Dec 22Has Makarony Polskie (WSE:MAK) Got What It Takes To Become A Multi-Bagger?
Dec 07Does Makarony Polskie's (WSE:MAK) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 19Financial Position Analysis
Short Term Liabilities: MAK's short term assets (PLN96.8M) exceed its short term liabilities (PLN58.0M).
Long Term Liabilities: MAK's short term assets (PLN96.8M) exceed its long term liabilities (PLN33.7M).
Debt to Equity History and Analysis
Debt Level: MAK's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: MAK's debt to equity ratio has reduced from 28% to 12.2% over the past 5 years.
Debt Coverage: MAK's debt is well covered by operating cash flow (232.3%).
Interest Coverage: MAK's interest payments on its debt are well covered by EBIT (27x coverage).