PL Group Balance Sheet Health
Financial Health criteria checks 3/6
PL Group has a total shareholder equity of PLN406.3K and total debt of PLN1.2M, which brings its debt-to-equity ratio to 293.7%. Its total assets and total liabilities are PLN5.6M and PLN5.2M respectively.
Key information
293.7%
Debt to equity ratio
zł1.19m
Debt
| Interest coverage ratio | n/a |
| Cash | zł218.63k |
| Equity | zł406.30k |
| Total liabilities | zł5.19m |
| Total assets | zł5.60m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PLG's short term assets (PLN2.5M) do not cover its short term liabilities (PLN5.0M).
Long Term Liabilities: PLG's short term assets (PLN2.5M) exceed its long term liabilities (PLN232.7K).
Debt to Equity History and Analysis
Debt Level: PLG's net debt to equity ratio (239.9%) is considered high.
Reducing Debt: PLG's debt to equity ratio has increased from 0% to 293.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PLG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PLG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 31.4% per year.