PL Group Balance Sheet Health
Financial Health criteria checks 4/6
PL Group has a total shareholder equity of PLN11.4M and total debt of PLN1.2M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are PLN17.6M and PLN6.1M respectively. PL Group's EBIT is PLN260.5K making its interest coverage ratio -42.3. It has cash and short-term investments of PLN128.0K.
Key information
10.5%
Debt to equity ratio
zł1.20m
Debt
| Interest coverage ratio | -42.3x |
| Cash | zł128.03k |
| Equity | zł11.42m |
| Total liabilities | zł6.14m |
| Total assets | zł17.56m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PLG's short term assets (PLN7.8M) exceed its short term liabilities (PLN5.3M).
Long Term Liabilities: PLG's short term assets (PLN7.8M) exceed its long term liabilities (PLN878.3K).
Debt to Equity History and Analysis
Debt Level: PLG's net debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: PLG's debt to equity ratio has increased from 0% to 10.5% over the past 5 years.
Debt Coverage: PLG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PLG earns more interest than it pays, so coverage of interest payments is not a concern.