Kool2play Balance Sheet Health
Financial Health criteria checks 4/6
Kool2play has a total shareholder equity of PLN6.8M and total debt of PLN1.0M, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are PLN15.6M and PLN8.8M respectively. Kool2play's EBIT is PLN1.3M making its interest coverage ratio 24.9. It has cash and short-term investments of PLN43.1K.
Key information
15.0%
Debt to equity ratio
zł1.02m
Debt
| Interest coverage ratio | 24.9x |
| Cash | zł43.14k |
| Equity | zł6.84m |
| Total liabilities | zł8.80m |
| Total assets | zł15.64m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: K2P's short term assets (PLN11.3M) exceed its short term liabilities (PLN8.8M).
Long Term Liabilities: K2P's short term assets (PLN11.3M) exceed its long term liabilities (PLN3.4K).
Debt to Equity History and Analysis
Debt Level: K2P's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: K2P's debt to equity ratio has increased from 0% to 15% over the past 5 years.
Debt Coverage: K2P's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: K2P's interest payments on its debt are well covered by EBIT (24.9x coverage).