7FIT Balance Sheet Health
Financial Health criteria checks 5/6
7FIT has a total shareholder equity of PLN6.1M and total debt of PLN2.3M, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are PLN12.4M and PLN6.3M respectively. 7FIT's EBIT is PLN1.8M making its interest coverage ratio 12.4. It has cash and short-term investments of PLN318.4K.
Key information
38.6%
Debt to equity ratio
zł2.34m
Debt
Interest coverage ratio | 12.4x |
Cash | zł318.43k |
Equity | zł6.07m |
Total liabilities | zł6.35m |
Total assets | zł12.41m |
Recent financial health updates
No updates
Recent updates
Getting In Cheap On 7FIT S.A. (WSE:7FT) Is Unlikely
Oct 24Does 7FIT (WSE:7FT) Deserve A Spot On Your Watchlist?
Jul 02Investors Holding Back On 7FIT S.A. (WSE:7FT)
May 22With EPS Growth And More, 7FIT (WSE:7FT) Makes An Interesting Case
Mar 22Should You Be Adding 7FIT (WSE:7FT) To Your Watchlist Today?
Nov 01With EPS Growth And More, 7FIT (WSE:7FT) Makes An Interesting Case
Jun 21Should You Be Adding 7FIT (WSE:7FT) To Your Watchlist Today?
Sep 06With EPS Growth And More, 7FIT (WSE:7FT) Is Interesting
Apr 12Here's Why We Think 7FIT (WSE:7FT) Is Well Worth Watching
Jan 10A Look At The Intrinsic Value Of 7FIT S.A. (WSE:7FT)
May 31Should You Be Adding 7FIT (WSE:7FT) To Your Watchlist Today?
May 02Shareholders Are Loving 7FIT S.A.'s (WSE:7FT) 1.5% Yield
Feb 23With EPS Growth And More, 7FIT (WSE:7FT) Is Interesting
Jan 26Are Robust Financials Driving The Recent Rally In 7FIT S.A.'s (WSE:7FT) Stock?
Jan 05Calculating The Fair Value Of 7FIT S.A. (WSE:7FT)
Dec 15How Does 7FIT S.A. (WSE:7FT) Stand Up To These Simple Dividend Safety Checks?
Nov 24Financial Position Analysis
Short Term Liabilities: 7FT's short term assets (PLN11.2M) exceed its short term liabilities (PLN5.9M).
Long Term Liabilities: 7FT's short term assets (PLN11.2M) exceed its long term liabilities (PLN464.8K).
Debt to Equity History and Analysis
Debt Level: 7FT's net debt to equity ratio (33.4%) is considered satisfactory.
Reducing Debt: 7FT's debt to equity ratio has reduced from 79.7% to 38.6% over the past 5 years.
Debt Coverage: 7FT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7FT's interest payments on its debt are well covered by EBIT (12.4x coverage).