Legimi Balance Sheet Health
Financial Health criteria checks 4/6
Legimi has a total shareholder equity of PLN2.2M and total debt of PLN1.6M, which brings its debt-to-equity ratio to 72%. Its total assets and total liabilities are PLN22.4M and PLN20.1M respectively. Legimi's EBIT is PLN292.2K making its interest coverage ratio 1.1. It has cash and short-term investments of PLN3.3M.
Key information
72.0%
Debt to equity ratio
zł1.60m
Debt
Interest coverage ratio | 1.1x |
Cash | zł3.34m |
Equity | zł2.22m |
Total liabilities | zł20.14m |
Total assets | zł22.35m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: LEG's short term assets (PLN13.4M) do not cover its short term liabilities (PLN19.2M).
Long Term Liabilities: LEG's short term assets (PLN13.4M) exceed its long term liabilities (PLN933.8K).
Debt to Equity History and Analysis
Debt Level: LEG has more cash than its total debt.
Reducing Debt: LEG's debt to equity ratio has reduced from 267.4% to 72% over the past 5 years.
Debt Coverage: LEG's debt is well covered by operating cash flow (190.6%).
Interest Coverage: LEG's interest payments on its debt are not well covered by EBIT (1.1x coverage).