ERG Spólka Akcyjna Balance Sheet Health
Financial Health criteria checks 5/6
ERG Spólka Akcyjna has a total shareholder equity of PLN41.9M and total debt of PLN5.5M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are PLN78.4M and PLN36.5M respectively. ERG Spólka Akcyjna's EBIT is PLN1.5M making its interest coverage ratio 2.6. It has cash and short-term investments of PLN1.4M.
Key information
13.1%
Debt to equity ratio
zł5.50m
Debt
Interest coverage ratio | 2.6x |
Cash | zł1.39m |
Equity | zł41.91m |
Total liabilities | zł36.46m |
Total assets | zł78.37m |
Recent financial health updates
Here's Why ERG Spólka Akcyjna (WSE:ERG) Has A Meaningful Debt Burden
Jul 27Here'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 20Financial Position Analysis
Short Term Liabilities: ERG's short term assets (PLN28.8M) exceed its short term liabilities (PLN20.2M).
Long Term Liabilities: ERG's short term assets (PLN28.8M) exceed its long term liabilities (PLN16.3M).
Debt to Equity History and Analysis
Debt Level: ERG's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: ERG's debt to equity ratio has reduced from 18.2% to 13.1% over the past 5 years.
Debt Coverage: ERG's debt is well covered by operating cash flow (53.8%).
Interest Coverage: ERG's interest payments on its debt are not well covered by EBIT (2.6x coverage).