Sygnity Balance Sheet Health
Financial Health criteria checks 6/6
Sygnity has a total shareholder equity of PLN220.6M and total debt of PLN24.1M, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are PLN326.2M and PLN105.6M respectively. Sygnity's EBIT is PLN42.3M making its interest coverage ratio 116. It has cash and short-term investments of PLN102.9M.
Key information
10.9%
Debt to equity ratio
zł24.11m
Debt
| Interest coverage ratio | 116x |
| Cash | zł102.94m |
| Equity | zł220.58m |
| Total liabilities | zł105.62m |
| Total assets | zł326.20m |
Recent financial health updates
Recent updates
Returns on Capital Paint A Bright Future For Sygnity (WSE:SGN)
Jul 04
Is Sygnity (WSE:SGN) A Risky Investment?
May 13A Look At The Intrinsic Value Of Sygnity S.A. (WSE:SGN)
Apr 13We Like These Underlying Return On Capital Trends At Sygnity (WSE:SGN)
Mar 25Sygnity S.A.'s (WSE:SGN) Stock Is Going Strong: Is the Market Following Fundamentals?
Mar 03Is Sygnity (WSE:SGN) Using Too Much Debt?
Feb 09Is Sygnity's (WSE:SGN) Share Price Gain Of 253% Well Earned?
Jan 22Here's Why Sygnity's (WSE:SGN) Statutory Earnings Are Arguably Too Conservative
Dec 25
Are Robust Financials Driving The Recent Rally In Sygnity S.A.'s (WSE:SGN) Stock?
Dec 02Financial Position Analysis
Short Term Liabilities: SGN's short term assets (PLN147.0M) exceed its short term liabilities (PLN88.9M).
Long Term Liabilities: SGN's short term assets (PLN147.0M) exceed its long term liabilities (PLN16.7M).
Debt to Equity History and Analysis
Debt Level: SGN has more cash than its total debt.
Reducing Debt: SGN's debt to equity ratio has reduced from 82.5% to 10.9% over the past 5 years.
Debt Coverage: SGN's debt is well covered by operating cash flow (319.1%).
Interest Coverage: SGN's interest payments on its debt are well covered by EBIT (116x coverage).