Passus Balance Sheet Health
Financial Health criteria checks 6/6
Passus has a total shareholder equity of PLN19.6M and total debt of PLN2.5M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are PLN46.1M and PLN26.6M respectively. Passus's EBIT is PLN2.2M making its interest coverage ratio -1099. It has cash and short-term investments of PLN11.8M.
Key information
12.8%
Debt to equity ratio
zł2.50m
Debt
Interest coverage ratio | -1099x |
Cash | zł11.80m |
Equity | zł19.56m |
Total liabilities | zł26.57m |
Total assets | zł46.12m |
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 (PLN29.8M) exceed its short term liabilities (PLN26.0M).
Long Term Liabilities: PAS's short term assets (PLN29.8M) exceed its long term liabilities (PLN606.0K).
Debt to Equity History and Analysis
Debt Level: PAS has more cash than its total debt.
Reducing Debt: PAS's debt to equity ratio has reduced from 54.8% to 12.8% over the past 5 years.
Debt Coverage: PAS's debt is well covered by operating cash flow (276%).
Interest Coverage: PAS earns more interest than it pays, so coverage of interest payments is not a concern.