ERG Spólka Akcyjna Balance Sheet Health
Financial Health criteria checks 6/6
ERG Spólka Akcyjna has a total shareholder equity of PLN41.4M and total debt of PLN6.0M, which brings its debt-to-equity ratio to 14.4%. Its total assets and total liabilities are PLN74.4M and PLN32.9M respectively. ERG Spólka Akcyjna's EBIT is PLN4.0M making its interest coverage ratio 4.9. It has cash and short-term investments of PLN1.8M.
Key information
14.4%
Debt to equity ratio
zł5.97m
Debt
| Interest coverage ratio | 4.9x |
| Cash | zł1.84m |
| Equity | zł41.41m |
| Total liabilities | zł32.94m |
| Total assets | zł74.36m |
Recent financial health updates
Here's Why ERG Spólka Akcyjna (WSE:ERG) Has A Meaningful Debt Burden
Jul 27
Here's Why ERG Spólka Akcyjna (WSE:ERG) Has A Meaningful Debt Burden
Nov 29Recent updates
ERG Spólka Akcyjna's (WSE:ERG) Earnings Offer More Than Meets The Eye
Oct 04Here's Why ERG Spólka Akcyjna (WSE:ERG) Has A Meaningful Debt Burden
Jul 27ERG Spólka Akcyjna (WSE:ERG) Could Be At Risk Of Shrinking As A Company
Jul 02Here's Why ERG Spólka Akcyjna (WSE:ERG) Has A Meaningful Debt Burden
Nov 29Should You Be Adding ERG Spólka Akcyjna (WSE:ERG) To Your Watchlist Today?
May 31ERG Spólka Akcyjna (WSE:ERG) Is Experiencing Growth In Returns On Capital
May 03ERG Spólka Akcyjna (WSE:ERG) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Mar 08Returns On Capital - An Important Metric For ERG Spólka Akcyjna (WSE:ERG)
Jan 14Are ERG Spólka Akcyjna's (WSE:ERG) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?
Nov 20
Financial Position Analysis
Short Term Liabilities: ERG's short term assets (PLN23.7M) exceed its short term liabilities (PLN16.0M).
Long Term Liabilities: ERG's short term assets (PLN23.7M) exceed its long term liabilities (PLN16.9M).
Debt to Equity History and Analysis
Debt Level: ERG's net debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: ERG's debt to equity ratio has reduced from 31% to 14.4% over the past 5 years.
Debt Coverage: ERG's debt is well covered by operating cash flow (104.9%).
Interest Coverage: ERG's interest payments on its debt are well covered by EBIT (4.9x coverage).