Makarony Polskie Balance Sheet Health
Financial Health criteria checks 6/6
Makarony Polskie has a total shareholder equity of PLN167.2M and total debt of PLN9.5M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are PLN250.3M and PLN83.1M respectively. Makarony Polskie's EBIT is PLN47.4M making its interest coverage ratio 68.1. It has cash and short-term investments of PLN43.8M.
Key information
5.7%
Debt to equity ratio
zł9.45m
Debt
| Interest coverage ratio | 68.1x |
| Cash | zł43.80m |
| Equity | zł167.20m |
| Total liabilities | zł83.14m |
| Total assets | zł250.34m |
Recent financial health updates
We Think Makarony Polskie (WSE:MAK) Can Manage Its Debt With Ease
Jan 12
We 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
Calculating The Intrinsic Value Of Makarony Polskie S.A. (WSE:MAK)
Aug 12Why Makarony Polskie's (WSE:MAK) Earnings Are Better Than They Seem
Jun 05Further Upside For Makarony Polskie S.A. (WSE:MAK) Shares Could Introduce Price Risks After 25% Bounce
May 14Makarony 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 29
We 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 (PLN116.6M) exceed its short term liabilities (PLN52.7M).
Long Term Liabilities: MAK's short term assets (PLN116.6M) exceed its long term liabilities (PLN30.5M).
Debt to Equity History and Analysis
Debt Level: MAK has more cash than its total debt.
Reducing Debt: MAK's debt to equity ratio has reduced from 35.2% to 5.7% over the past 5 years.
Debt Coverage: MAK's debt is well covered by operating cash flow (592.3%).
Interest Coverage: MAK's interest payments on its debt are well covered by EBIT (68.1x coverage).