Passus Balance Sheet Health
Financial Health criteria checks 6/6
Passus has a total shareholder equity of PLN22.3M and total debt of PLN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PLN70.9M and PLN48.7M respectively. Passus's EBIT is PLN4.8M making its interest coverage ratio 26.2. It has cash and short-term investments of PLN16.8M.
Key information
0%
Debt to equity ratio
zł0
Debt
Interest coverage ratio | 26.2x |
Cash | zł16.80m |
Equity | zł22.27m |
Total liabilities | zł48.66m |
Total assets | zł70.93m |
Recent financial health updates
No updates
Recent updates
Passus S.A. (WSE:PAS) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Apr 27Pinning Down Passus S.A.'s (WSE:PAS) P/E Is Difficult Right Now
Feb 09Should You Investigate Passus S.A. (WSE:PAS) At zł28.00?
Sep 14What Does Passus S.A.'s (WSE:PAS) Share Price Indicate?
Jun 01Here's Why We Think Passus (WSE:PAS) Is Well Worth Watching
Mar 03Why Passus S.A. (WSE:PAS) Looks Like A Quality Company
Jan 05Financial Position Analysis
Short Term Liabilities: PAS's short term assets (PLN54.5M) exceed its short term liabilities (PLN48.0M).
Long Term Liabilities: PAS's short term assets (PLN54.5M) exceed its long term liabilities (PLN644.0K).
Debt to Equity History and Analysis
Debt Level: PAS is debt free.
Reducing Debt: PAS has no debt compared to 5 years ago when its debt to equity ratio was 42.2%.
Debt Coverage: PAS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PAS has no debt, therefore coverage of interest payments is not a concern.