Enter Air Sp. z o.o Balance Sheet Health
Financial Health criteria checks 2/6
Enter Air Sp. z o.o has a total shareholder equity of PLN293.5M and total debt of PLN224.6M, which brings its debt-to-equity ratio to 76.5%. Its total assets and total liabilities are PLN2.0B and PLN1.8B respectively. Enter Air Sp. z o.o's EBIT is PLN151.2M making its interest coverage ratio 2.1. It has cash and short-term investments of PLN217.9M.
Key information
76.5%
Debt to equity ratio
zł224.65m
Debt
| Interest coverage ratio | 2.1x |
| Cash | zł217.88m |
| Equity | zł293.50m |
| Total liabilities | zł1.75b |
| Total assets | zł2.05b |
Recent financial health updates
Is Enter Air Sp. z o.o (WSE:ENT) A Risky Investment?
Oct 03
We Think Enter Air Sp. z o.o (WSE:ENT) Is Taking Some Risk With Its Debt
Aug 12Is Enter Air Sp. z o.o (WSE:ENT) A Risky Investment?
Mar 29Is Enter Air Sp. z o.o (WSE:ENT) A Risky Investment?
Dec 14Recent updates
Shareholders Can Be Confident That Enter Air Sp. z o.o's (WSE:ENT) Earnings Are High Quality
May 03Enter Air Sp. z o.o. (WSE:ENT) Soars 28% But It's A Story Of Risk Vs Reward
Mar 15Enter Air Sp. z o.o (WSE:ENT) Might Be Having Difficulty Using Its Capital Effectively
Mar 07Is Enter Air Sp. z o.o (WSE:ENT) A Risky Investment?
Oct 03Slowing Rates Of Return At Enter Air Sp. z o.o (WSE:ENT) Leave Little Room For Excitement
May 03Enter Air Sp. z o.o (WSE:ENT) Has More To Do To Multiply In Value Going Forward
Jan 17We Think Enter Air Sp. z o.o (WSE:ENT) Is Taking Some Risk With Its Debt
Aug 12Is Enter Air Sp. z o.o (WSE:ENT) A Risky Investment?
Mar 29Enter Air Sp. z o.o (WSE:ENT) Has Gifted Shareholders With A Fantastic 206% Total Return On Their Investment
Feb 05
Is Enter Air Sp. z o.o (WSE:ENT) A Risky Investment?
Dec 14Financial Position Analysis
Short Term Liabilities: ENT's short term assets (PLN410.4M) do not cover its short term liabilities (PLN673.5M).
Long Term Liabilities: ENT's short term assets (PLN410.4M) do not cover its long term liabilities (PLN1.1B).
Debt to Equity History and Analysis
Debt Level: ENT's net debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: ENT's debt to equity ratio has increased from 12% to 76.5% over the past 5 years.
Debt Coverage: ENT's debt is well covered by operating cash flow (161%).
Interest Coverage: ENT's interest payments on its debt are not well covered by EBIT (2.1x coverage).