11 bit studios Balance Sheet Health
Financial Health criteria checks 5/6
11 bit studios has a total shareholder equity of PLN227.1M and total debt of PLN6.4M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are PLN258.3M and PLN31.3M respectively. 11 bit studios's EBIT is PLN7.6M making its interest coverage ratio 0.7. It has cash and short-term investments of PLN37.6M.
Key information
2.8%
Debt to equity ratio
zł6.41m
Debt
| Interest coverage ratio | 0.7x |
| Cash | zł37.62m |
| Equity | zł227.07m |
| Total liabilities | zł31.26m |
| Total assets | zł258.33m |
Recent financial health updates
Recent updates
Bearish: Analysts Just Cut Their 11 bit studios S.A. (WSE:11B) Revenue and EPS estimates
Mar 17
What You Need To Know About The 11 bit studios S.A. (WSE:11B) Analyst Downgrade Today
Jan 2111 bit studios (WSE:11B) Will Be Hoping To Turn Its Returns On Capital Around
Mar 23Estimating The Fair Value Of 11 bit studios S.A. (WSE:11B)
Aug 18Rainbows and Unicorns: 11 bit studios S.A. (WSE:11B) Analysts Just Became A Lot More Optimistic
Jun 18Investors Could Be Concerned With 11 bit studios' (WSE:11B) Returns On Capital
May 24Does 11 bit studios (WSE:11B) Deserve A Spot On Your Watchlist?
Mar 17What Type Of Shareholders Make Up 11 bit studios S.A.'s (WSE:11B) Share Registry?
Feb 28Are Robust Financials Driving The Recent Rally In 11 bit studios S.A.'s (WSE:11B) Stock?
Feb 08
Introducing 11 bit studios (WSE:11B), The Stock That Soared 470% In The Last Five Years
Jan 2411 bit studios (WSE:11B) Has A Rock Solid Balance Sheet
Jan 1011 bit studios's (WSE:11B) Earnings Are Growing But Is There More To The Story?
Dec 26Do 11 bit studios's (WSE:11B) Earnings Warrant Your Attention?
Dec 13Do Insiders Own Lots Of Shares In 11 bit studios S.A. (WSE:11B)?
Nov 29Financial Position Analysis
Short Term Liabilities: 11B's short term assets (PLN66.9M) exceed its short term liabilities (PLN24.7M).
Long Term Liabilities: 11B's short term assets (PLN66.9M) exceed its long term liabilities (PLN6.6M).
Debt to Equity History and Analysis
Debt Level: 11B has more cash than its total debt.
Reducing Debt: 11B's debt to equity ratio has reduced from 14.2% to 2.8% over the past 5 years.
Debt Coverage: 11B's debt is well covered by operating cash flow (341.9%).
Interest Coverage: 11B's interest payments on its debt are not well covered by EBIT (0.7x coverage).