Korbank Balance Sheet Health
Financial Health criteria checks 2/6
Korbank has a total shareholder equity of PLN34.6M and total debt of PLN23.0M, which brings its debt-to-equity ratio to 66.6%. Its total assets and total liabilities are PLN64.1M and PLN29.5M respectively. Korbank's EBIT is PLN7.5M making its interest coverage ratio 5.9. It has cash and short-term investments of PLN3.4M.
Key information
66.6%
Debt to equity ratio
zł23.05m
Debt
| Interest coverage ratio | 5.9x |
| Cash | zł3.35m |
| Equity | zł34.60m |
| Total liabilities | zł29.46m |
| Total assets | zł64.05m |
Recent financial health updates
Is Korbank (WSE:KOR) A Risky Investment?
Aug 17
These 4 Measures Indicate That Korbank (WSE:KOR) Is Using Debt Reasonably Well
Oct 19Here's Why Korbank (WSE:KOR) Can Manage Its Debt Responsibly
Jul 15We Think Korbank (WSE:KOR) Can Stay On Top Of Its Debt
Apr 12We Think Korbank (WSE:KOR) Is Taking Some Risk With Its Debt
Dec 29
Recent updates
There Are Reasons To Feel Uneasy About Korbank's (WSE:KOR) Returns On Capital
Oct 11Is Korbank (WSE:KOR) A Risky Investment?
Aug 17Is Now The Time To Put Korbank (WSE:KOR) On Your Watchlist?
Feb 20There's Been No Shortage Of Growth Recently For Korbank's (WSE:KOR) Returns On Capital
Oct 27If You Like EPS Growth Then Check Out Korbank (WSE:KOR) Before It's Too Late
Feb 16These 4 Measures Indicate That Korbank (WSE:KOR) Is Using Debt Reasonably Well
Oct 19If You Like EPS Growth Then Check Out Korbank (WSE:KOR) Before It's Too Late
Aug 18Here's Why Korbank (WSE:KOR) Can Manage Its Debt Responsibly
Jul 15Investors Shouldn't Overlook Korbank's (WSE:KOR) Impressive Returns On Capital
Jun 02Here's Why We Think Korbank (WSE:KOR) Is Well Worth Watching
May 10We Think Korbank (WSE:KOR) Can Stay On Top Of Its Debt
Apr 12Is Korbank S.A.'s (WSE:KOR) Latest Stock Performance A Reflection Of Its Financial Health?
Mar 15Korbank's (WSE:KOR) Earnings Are Growing But Is There More To The Story?
Feb 16We Think Korbank (WSE:KOR) Is Taking Some Risk With Its Debt
Dec 29Korbank S.A.'s (WSE:KOR) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Nov 24Financial Position Analysis
Short Term Liabilities: KOR's short term assets (PLN13.6M) exceed its short term liabilities (PLN8.0M).
Long Term Liabilities: KOR's short term assets (PLN13.6M) do not cover its long term liabilities (PLN21.4M).
Debt to Equity History and Analysis
Debt Level: KOR's net debt to equity ratio (56.9%) is considered high.
Reducing Debt: KOR's debt to equity ratio has increased from 52.4% to 66.6% over the past 5 years.
Debt Coverage: KOR's debt is not well covered by operating cash flow (18%).
Interest Coverage: KOR's interest payments on its debt are well covered by EBIT (5.9x coverage).