WISE Finance Balance Sheet Health
Financial Health criteria checks 4/6
WISE Finance has a total shareholder equity of PLN40.3M and total debt of PLN56.1M, which brings its debt-to-equity ratio to 139.1%. Its total assets and total liabilities are PLN115.7M and PLN75.4M respectively. WISE Finance's EBIT is PLN3.2M making its interest coverage ratio -1.6. It has cash and short-term investments of PLN103.0K.
Key information
139.1%
Debt to equity ratio
zł56.09m
Debt
| Interest coverage ratio | -1.6x |
| Cash | zł103.00k |
| Equity | zł40.32m |
| Total liabilities | zł75.37m |
| Total assets | zł115.68m |
Recent financial health updates
Does WISE Finance (WSE:IBS) Have A Healthy Balance Sheet?
Mar 05
Is WISE Finance (WSE:IBS) A Risky Investment?
Nov 24Recent updates
Take Care Before Jumping Onto WISE Finance S.A. (WSE:IBS) Even Though It's 32% Cheaper
Apr 05Does WISE Finance (WSE:IBS) Have A Healthy Balance Sheet?
Mar 05Cautious Investors Not Rewarding WISE Finance S.A.'s (WSE:IBS) Performance Completely
Jan 29Is WISE Finance (WSE:IBS) A Risky Investment?
Nov 24Noble Financials (WSE:IBS) Is Posting Solid Earnings, But It Is Not All Good News
Nov 30Financial Position Analysis
Short Term Liabilities: IBS's short term assets (PLN108.0M) exceed its short term liabilities (PLN53.1M).
Long Term Liabilities: IBS's short term assets (PLN108.0M) exceed its long term liabilities (PLN22.3M).
Debt to Equity History and Analysis
Debt Level: IBS's net debt to equity ratio (138.9%) is considered high.
Reducing Debt: IBS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: IBS's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: IBS earns more interest than it pays, so coverage of interest payments is not a concern.