VARSAV Game Studios Balance Sheet Health
Financial Health criteria checks 6/6
VARSAV Game Studios has a total shareholder equity of PLN14.8M and total debt of PLN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PLN19.4M and PLN4.5M respectively. VARSAV Game Studios's EBIT is PLN702.9K making its interest coverage ratio 9.7. It has cash and short-term investments of PLN1.3M.
Key information
0%
Debt to equity ratio
zł0
Debt
Interest coverage ratio | 9.7x |
Cash | zł1.28m |
Equity | zł14.85m |
Total liabilities | zł4.53m |
Total assets | zł19.38m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: VAR's short term assets (PLN12.8M) exceed its short term liabilities (PLN2.6M).
Long Term Liabilities: VAR's short term assets (PLN12.8M) exceed its long term liabilities (PLN2.0M).
Debt to Equity History and Analysis
Debt Level: VAR is debt free.
Reducing Debt: VAR had no debt 5 years ago.
Debt Coverage: VAR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VAR has no debt, therefore coverage of interest payments is not a concern.