Legimi Balance Sheet Health

Financial Health criteria checks 5/6

Legimi has a total shareholder equity of PLN6.7M and total debt of PLN853.3K, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are PLN27.8M and PLN21.1M respectively. Legimi's EBIT is PLN9.0M making its interest coverage ratio 53.5. It has cash and short-term investments of PLN7.3M.

Key information

12.7%

Debt to equity ratio

zł853.26k

Debt

Interest coverage ratio53.5x
Cashzł7.33m
Equityzł6.71m
Total liabilitieszł21.11m
Total assetszł27.82m

Recent financial health updates

No updates

Recent updates

Market Might Still Lack Some Conviction On Legimi S.A. (WSE:LEG) Even After 32% Share Price Boost

Oct 15
Market Might Still Lack Some Conviction On Legimi S.A. (WSE:LEG) Even After 32% Share Price Boost

Even With A 27% Surge, Cautious Investors Are Not Rewarding Legimi S.A.'s (WSE:LEG) Performance Completely

Aug 20
Even With A 27% Surge, Cautious Investors Are Not Rewarding Legimi S.A.'s (WSE:LEG) Performance Completely

The Strong Earnings Posted By Legimi (WSE:LEG) Are A Good Indication Of The Strength Of The Business

Aug 19
The Strong Earnings Posted By Legimi (WSE:LEG) Are A Good Indication Of The Strength Of The Business

Investors Still Aren't Entirely Convinced By Legimi S.A.'s (WSE:LEG) Revenues Despite 37% Price Jump

Jun 05
Investors Still Aren't Entirely Convinced By Legimi S.A.'s (WSE:LEG) Revenues Despite 37% Price Jump

Investors Still Aren't Entirely Convinced By Legimi S.A.'s (WSE:LEG) Revenues Despite 26% Price Jump

Feb 17
Investors Still Aren't Entirely Convinced By Legimi S.A.'s (WSE:LEG) Revenues Despite 26% Price Jump

A Look At The Intrinsic Value Of Legimi S.A. (WSE:LEG)

Apr 23
A Look At The Intrinsic Value Of Legimi S.A. (WSE:LEG)

Financial Position Analysis

Short Term Liabilities: LEG's short term assets (PLN15.1M) do not cover its short term liabilities (PLN20.5M).

Long Term Liabilities: LEG's short term assets (PLN15.1M) exceed its long term liabilities (PLN604.0K).


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 231% to 12.7% over the past 5 years.

Debt Coverage: LEG's debt is well covered by operating cash flow (1374.8%).

Interest Coverage: LEG's interest payments on its debt are well covered by EBIT (53.5x coverage).


Balance Sheet


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