Planet B2B Balance Sheet Health
Financial Health criteria checks 5/6
Planet B2B has a total shareholder equity of PLN1.0M and total debt of PLN15.1K, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are PLN1.1M and PLN76.4K respectively. Planet B2B's EBIT is PLN654.1K making its interest coverage ratio -1285. It has cash and short-term investments of PLN636.1K.
Key information
1.5%
Debt to equity ratio
zł15.13k
Debt
| Interest coverage ratio | -1285x |
| Cash | zł636.10k |
| Equity | zł1.03m |
| Total liabilities | zł76.44k |
| Total assets | zł1.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P2B's short term assets (PLN844.3K) exceed its short term liabilities (PLN76.4K).
Long Term Liabilities: P2B has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: P2B has more cash than its total debt.
Reducing Debt: P2B's debt to equity ratio has increased from 1% to 1.5% over the past 5 years.
Debt Coverage: P2B's debt is well covered by operating cash flow (2908.7%).
Interest Coverage: P2B earns more interest than it pays, so coverage of interest payments is not a concern.