G-Energy Balance Sheet Health
Financial Health criteria checks 2/6
G-Energy has a total shareholder equity of PLN15.8M and total debt of PLN9.0M, which brings its debt-to-equity ratio to 57.3%. Its total assets and total liabilities are PLN37.4M and PLN21.7M respectively. G-Energy's EBIT is PLN2.8M making its interest coverage ratio 2.6. It has cash and short-term investments of PLN169.7K.
Key information
57.3%
Debt to equity ratio
zł9.04m
Debt
| Interest coverage ratio | 2.6x |
| Cash | zł169.74k |
| Equity | zł15.78m |
| Total liabilities | zł21.67m |
| Total assets | zł37.44m |
Recent financial health updates
Recent updates
Does G-Energy (WSE:GNG) Have A Healthy Balance Sheet?
Nov 13
G-Energy S.A.'s (WSE:GNG) Earnings Haven't Escaped The Attention Of Investors
Jul 13We Think That There Are Issues Underlying G-Energy's (WSE:GNG) Earnings
Apr 03Is G-Energy S.A.'s(WSE:GNG) Recent Stock Performance Tethered To Its Strong Fundamentals?
Feb 01
Financial Position Analysis
Short Term Liabilities: GNG's short term assets (PLN28.0M) exceed its short term liabilities (PLN20.8M).
Long Term Liabilities: GNG's short term assets (PLN28.0M) exceed its long term liabilities (PLN870.0K).
Debt to Equity History and Analysis
Debt Level: GNG's net debt to equity ratio (56.2%) is considered high.
Reducing Debt: GNG's debt to equity ratio has increased from 5.9% to 57.3% over the past 5 years.
Debt Coverage: GNG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GNG's interest payments on its debt are not well covered by EBIT (2.6x coverage).