ERG Spólka Akcyjna Balance Sheet Health
Financial Health criteria checks 4/6
ERG Spólka Akcyjna has a total shareholder equity of PLN41.9M and total debt of PLN3.6M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are PLN76.8M and PLN34.9M respectively.
Key information
8.6%
Debt to equity ratio
zł3.60m
Debt
| Interest coverage ratio | n/a |
| Cash | zł1.33m |
| Equity | zł41.89m |
| Total liabilities | zł34.95m |
| Total assets | zł76.84m |
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 (PLN29.6M) exceed its short term liabilities (PLN19.5M).
Long Term Liabilities: ERG's short term assets (PLN29.6M) exceed its long term liabilities (PLN15.4M).
Debt to Equity History and Analysis
Debt Level: ERG's net debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: ERG's debt to equity ratio has reduced from 15.2% to 8.6% over the past 5 years.
Debt Coverage: ERG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ERG's interest payments on its debt are well covered by EBIT.