Korbank Balance Sheet Health

Financial Health criteria checks 3/6

Korbank has a total shareholder equity of PLN37.8M and total debt of PLN21.6M, which brings its debt-to-equity ratio to 57.1%. Its total assets and total liabilities are PLN65.3M and PLN27.5M respectively. Korbank's EBIT is PLN6.0M making its interest coverage ratio 6. It has cash and short-term investments of PLN5.4M.

Key information

57.1%

Debt to equity ratio

zł21.56m

Debt

Interest coverage ratio6x
Cashzł5.36m
Equityzł37.75m
Total liabilitieszł27.53m
Total assetszł65.29m

Recent financial health updates

Recent updates

We Think That There Are More Issues For Korbank (WSE:KOR) Than Just Sluggish Earnings

Nov 26
We Think That There Are More Issues For Korbank (WSE:KOR) Than Just Sluggish Earnings

Does Korbank (WSE:KOR) Have A Healthy Balance Sheet?

Oct 23
Does Korbank (WSE:KOR) Have A Healthy Balance Sheet?

There Are Reasons To Feel Uneasy About Korbank's (WSE:KOR) Returns On Capital

May 14
There Are Reasons To Feel Uneasy About Korbank's (WSE:KOR) Returns On Capital

There Are Reasons To Feel Uneasy About Korbank's (WSE:KOR) Returns On Capital

Oct 11
There Are Reasons To Feel Uneasy About Korbank's (WSE:KOR) Returns On Capital

Is Korbank (WSE:KOR) A Risky Investment?

Aug 17
Is Korbank (WSE:KOR) A Risky Investment?

Is Now The Time To Put Korbank (WSE:KOR) On Your Watchlist?

Feb 20
Is Now The Time To Put Korbank (WSE:KOR) On Your Watchlist?

There's Been No Shortage Of Growth Recently For Korbank's (WSE:KOR) Returns On Capital

Oct 27
There's Been No Shortage Of Growth Recently For Korbank's (WSE:KOR) Returns On Capital

If You Like EPS Growth Then Check Out Korbank (WSE:KOR) Before It's Too Late

Feb 16
If You Like EPS Growth Then Check Out Korbank (WSE:KOR) Before It's Too Late

These 4 Measures Indicate That Korbank (WSE:KOR) Is Using Debt Reasonably Well

Oct 19
These 4 Measures Indicate That Korbank (WSE:KOR) Is Using Debt Reasonably Well

If You Like EPS Growth Then Check Out Korbank (WSE:KOR) Before It's Too Late

Aug 18
If You Like EPS Growth Then Check Out Korbank (WSE:KOR) Before It's Too Late

Here's Why Korbank (WSE:KOR) Can Manage Its Debt Responsibly

Jul 15
Here's Why Korbank (WSE:KOR) Can Manage Its Debt Responsibly

Investors Shouldn't Overlook Korbank's (WSE:KOR) Impressive Returns On Capital

Jun 02
Investors Shouldn't Overlook Korbank's (WSE:KOR) Impressive Returns On Capital

Here's Why We Think Korbank (WSE:KOR) Is Well Worth Watching

May 10
Here's Why We Think Korbank (WSE:KOR) Is Well Worth Watching

We Think Korbank (WSE:KOR) Can Stay On Top Of Its Debt

Apr 12
We Think Korbank (WSE:KOR) Can Stay On Top Of Its Debt

Is Korbank S.A.'s (WSE:KOR) Latest Stock Performance A Reflection Of Its Financial Health?

Mar 15
Is Korbank S.A.'s (WSE:KOR) Latest Stock Performance A Reflection Of Its Financial Health?

Korbank's (WSE:KOR) Earnings Are Growing But Is There More To The Story?

Feb 16
Korbank's (WSE:KOR) Earnings Are Growing But Is There More To The Story?

We Think Korbank (WSE:KOR) Is Taking Some Risk With Its Debt

Dec 29
We Think Korbank (WSE:KOR) Is Taking Some Risk With Its Debt

Korbank S.A.'s (WSE:KOR) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

Nov 24
Korbank S.A.'s (WSE:KOR) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

Financial Position Analysis

Short Term Liabilities: KOR's short term assets (PLN14.3M) exceed its short term liabilities (PLN7.9M).

Long Term Liabilities: KOR's short term assets (PLN14.3M) do not cover its long term liabilities (PLN19.7M).


Debt to Equity History and Analysis

Debt Level: KOR's net debt to equity ratio (42.9%) is considered high.

Reducing Debt: KOR's debt to equity ratio has increased from 18.4% to 57.1% over the past 5 years.

Debt Coverage: KOR's debt is well covered by operating cash flow (24.8%).

Interest Coverage: KOR's interest payments on its debt are well covered by EBIT (6x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:24
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Industry and Sector Metrics

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Analyst Sources

Korbank S.A. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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