Optigis Balance Sheet Health
Financial Health criteria checks 3/6
Optigis has a total shareholder equity of PLN8.9M and total debt of PLN11.6M, which brings its debt-to-equity ratio to 131.1%. Its total assets and total liabilities are PLN25.9M and PLN17.1M respectively. Optigis's EBIT is PLN4.4M making its interest coverage ratio -5. It has cash and short-term investments of PLN1.3M.
Key information
131.1%
Debt to equity ratio
zł11.61m
Debt
| Interest coverage ratio | -5x |
| Cash | zł1.35m |
| Equity | zł8.86m |
| Total liabilities | zł17.09m |
| Total assets | zł25.94m |
Recent financial health updates
No updates
Recent updates
Optigis' (WSE:OPI) Promising Earnings May Rest On Soft Foundations
May 23
Shareholders Shouldn’t Be Too Comfortable With Optigis' (WSE:IMG) Strong Earnings
Feb 22Is Optigis S.A.'s (WSE:IMG) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Feb 17
Could The Market Be Wrong About Optigis S.A. (WSE:IMG) Given Its Attractive Financial Prospects?
Nov 18Financial Position Analysis
Short Term Liabilities: OPI's short term assets (PLN5.0M) do not cover its short term liabilities (PLN13.5M).
Long Term Liabilities: OPI's short term assets (PLN5.0M) exceed its long term liabilities (PLN3.6M).
Debt to Equity History and Analysis
Debt Level: OPI's net debt to equity ratio (115.9%) is considered high.
Reducing Debt: OPI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: OPI's debt is not well covered by operating cash flow (4.1%).
Interest Coverage: OPI earns more interest than it pays, so coverage of interest payments is not a concern.