11 bit studios Balance Sheet Health
Financial Health criteria checks 6/6
11 bit studios has a total shareholder equity of PLN227.6M and total debt of PLN6.1M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are PLN265.2M and PLN37.6M respectively. 11 bit studios's EBIT is PLN4.7M making its interest coverage ratio -2.8. It has cash and short-term investments of PLN44.8M.
Key information
2.7%
Debt to equity ratio
zł6.09m
Debt
| Interest coverage ratio | -2.8x |
| Cash | zł44.75m |
| Equity | zł227.55m |
| Total liabilities | zł37.60m |
| Total assets | zł265.15m |
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 (PLN60.3M) exceed its short term liabilities (PLN31.4M).
Long Term Liabilities: 11B's short term assets (PLN60.3M) exceed its long term liabilities (PLN6.2M).
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 13.2% to 2.7% over the past 5 years.
Debt Coverage: 11B's debt is well covered by operating cash flow (415.8%).
Interest Coverage: 11B earns more interest than it pays, so coverage of interest payments is not a concern.