Ciech Balance Sheet Health
Financial Health criteria checks 4/6
Ciech has a total shareholder equity of PLN2.5B and total debt of PLN2.0B, which brings its debt-to-equity ratio to 77.8%. Its total assets and total liabilities are PLN7.5B and PLN5.0B respectively. Ciech's EBIT is PLN447.3M making its interest coverage ratio 3.4. It has cash and short-term investments of PLN454.9M.
Key information
77.8%
Debt to equity ratio
zł1.97b
Debt
| Interest coverage ratio | 3.4x |
| Cash | zł454.88m |
| Equity | zł2.53b |
| Total liabilities | zł4.96b |
| Total assets | zł7.49b |
Recent financial health updates
Does Ciech (WSE:CIE) Have A Healthy Balance Sheet?
Dec 01
Ciech (WSE:CIE) Use Of Debt Could Be Considered Risky
May 27Does Ciech (WSE:CIE) Have A Healthy Balance Sheet?
Jan 05
Recent updates
There Are Reasons To Feel Uneasy About Ciech's (WSE:CIE) Returns On Capital
Jan 24Does Ciech (WSE:CIE) Have A Healthy Balance Sheet?
Dec 01Need To Know: Analysts Are Much More Bullish On Ciech S.A. (WSE:CIE) Revenues
Nov 12Is Ciech S.A. (WSE:CIE) Trading At A 42% Discount?
Sep 02At zł38.50, Is Ciech S.A. (WSE:CIE) Worth Looking At Closely?
Jul 21Growth Investors: Industry Analysts Just Upgraded Their Ciech S.A. (WSE:CIE) Revenue Forecasts By 19%
Apr 22Estimating The Intrinsic Value Of Ciech S.A. (WSE:CIE)
Feb 24Is Now An Opportune Moment To Examine Ciech S.A. (WSE:CIE)?
Jan 24Is Now An Opportune Moment To Examine Ciech S.A. (WSE:CIE)?
Oct 23A Look At The Fair Value Of Ciech S.A. (WSE:CIE)
Sep 21Ciech (WSE:CIE) Might Be Having Difficulty Using Its Capital Effectively
Sep 04Is There Now An Opportunity In Ciech S.A. (WSE:CIE)?
Jun 09Ciech (WSE:CIE) Use Of Debt Could Be Considered Risky
May 27Estimating The Fair Value Of Ciech S.A. (WSE:CIE)
May 14Returns On Capital Signal Tricky Times Ahead For Ciech (WSE:CIE)
Apr 05If You Had Bought Ciech's (WSE:CIE) Shares Five Years Ago You Would Be Down 50%
Mar 18What Does Ciech S.A.'s (WSE:CIE) Share Price Indicate?
Mar 02Ciech S.A.'s (WSE:CIE) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Feb 16Is There An Opportunity With Ciech S.A.'s (WSE:CIE) 26% Undervaluation?
Feb 03What Is The Ownership Structure Like For Ciech S.A. (WSE:CIE)?
Jan 18Does Ciech (WSE:CIE) Have A Healthy Balance Sheet?
Jan 05Should You Use Ciech's (WSE:CIE) Statutory Earnings To Analyse It?
Dec 23How Much Did Ciech's(WSE:CIE) Shareholders Earn From Share Price Movements Over The Last Five Years?
Dec 08What Do The Returns On Capital At Ciech (WSE:CIE) Tell Us?
Nov 22Financial Position Analysis
Short Term Liabilities: CIE's short term assets (PLN2.6B) do not cover its short term liabilities (PLN3.0B).
Long Term Liabilities: CIE's short term assets (PLN2.6B) exceed its long term liabilities (PLN2.0B).
Debt to Equity History and Analysis
Debt Level: CIE's net debt to equity ratio (59.9%) is considered high.
Reducing Debt: CIE's debt to equity ratio has reduced from 80.2% to 77.8% over the past 5 years.
Debt Coverage: CIE's debt is well covered by operating cash flow (56.6%).
Interest Coverage: CIE's interest payments on its debt are well covered by EBIT (3.4x coverage).