PGE Polska Grupa Energetyczna Balance Sheet Health
Financial Health criteria checks 4/6
PGE Polska Grupa Energetyczna has a total shareholder equity of PLN47.9B and total debt of PLN13.4B, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are PLN113.4B and PLN65.6B respectively. PGE Polska Grupa Energetyczna's EBIT is PLN5.6B making its interest coverage ratio -35.8. It has cash and short-term investments of PLN7.3B.
Key information
28.0%
Debt to equity ratio
zł13.41b
Debt
| Interest coverage ratio | -35.8x |
| Cash | zł7.31b |
| Equity | zł47.86b |
| Total liabilities | zł65.59b |
| Total assets | zł113.44b |
Recent financial health updates
PGE Polska Grupa Energetyczna (WSE:PGE) Takes On Some Risk With Its Use Of Debt
Feb 18
Is PGE Polska Grupa Energetyczna (WSE:PGE) Using Too Much Debt?
Nov 14We Think PGE Polska Grupa Energetyczna (WSE:PGE) Is Taking Some Risk With Its Debt
Jul 25We Think PGE Polska Grupa Energetyczna (WSE:PGE) Is Taking Some Risk With Its Debt
Apr 19PGE Polska Grupa Energetyczna (WSE:PGE) Has A Pretty Healthy Balance Sheet
Jan 03These 4 Measures Indicate That PGE Polska Grupa Energetyczna (WSE:PGE) Is Using Debt Reasonably Well
Sep 24Recent updates
There's Reason For Concern Over PGE Polska Grupa Energetyczna S.A.'s (WSE:PGE) Price
May 03PGE Polska Grupa Energetyczna (WSE:PGE) Takes On Some Risk With Its Use Of Debt
Feb 18Market Still Lacking Some Conviction On PGE Polska Grupa Energetyczna S.A. (WSE:PGE)
Jan 28Should You Investigate PGE Polska Grupa Energetyczna S.A. (WSE:PGE) At zł8.40?
Jan 06Is PGE Polska Grupa Energetyczna (WSE:PGE) Using Too Much Debt?
Nov 14What Is PGE Polska Grupa Energetyczna S.A.'s (WSE:PGE) Share Price Doing?
Oct 03We Think PGE Polska Grupa Energetyczna (WSE:PGE) Is Taking Some Risk With Its Debt
Jul 25Should You Think About Buying PGE Polska Grupa Energetyczna S.A. (WSE:PGE) Now?
Jul 04PGE Polska Grupa Energetyczna S.A. Just Missed Revenue By 5.7%: Here's What Analysts Think Will Happen Next
May 26Is There An Opportunity With PGE Polska Grupa Energetyczna S.A.'s (WSE:PGE) 34% Undervaluation?
May 15Broker Revenue Forecasts For PGE Polska Grupa Energetyczna S.A. (WSE:PGE) Are Surging Higher
Apr 27We Think PGE Polska Grupa Energetyczna (WSE:PGE) Is Taking Some Risk With Its Debt
Apr 19Downgrade: Here's How Analysts See PGE Polska Grupa Energetyczna S.A. (WSE:PGE) Performing In The Near Term
Apr 01PGE Polska Grupa Energetyczna (WSE:PGE) Has A Pretty Healthy Balance Sheet
Jan 03Is Now An Opportune Moment To Examine PGE Polska Grupa Energetyczna S.A. (WSE:PGE)?
Nov 17PGE Polska Grupa Energetyczna (WSE:PGE) Has More To Do To Multiply In Value Going Forward
Oct 12These 4 Measures Indicate That PGE Polska Grupa Energetyczna (WSE:PGE) Is Using Debt Reasonably Well
Sep 24What Is PGE Polska Grupa Energetyczna S.A.'s (WSE:PGE) Share Price Doing?
Aug 01Need To Know: Analysts Are Much More Bullish On PGE Polska Grupa Energetyczna S.A. (WSE:PGE)
Jun 05Does PGE Polska Grupa Energetyczna (WSE:PGE) Have A Healthy Balance Sheet?
Apr 30Is It Too Late To Consider Buying PGE Polska Grupa Energetyczna S.A. (WSE:PGE)?
Mar 14What Does PGE Polska Grupa Energetyczna S.A.'s (WSE:PGE) Share Price Indicate?
Nov 28Here's Why PGE Polska Grupa Energetyczna (WSE:PGE) Is Weighed Down By Its Debt Load
Sep 08PGE Polska Grupa Energetyczna (WSE:PGE) Seems To Be Using A Lot Of Debt
May 11Industry Analysts Just Made A Captivating Upgrade To Their PGE Polska Grupa Energetyczna S.A. (WSE:PGE) Revenue Forecasts
Apr 03Financial Position Analysis
Short Term Liabilities: PGE's short term assets (PLN35.1B) do not cover its short term liabilities (PLN42.2B).
Long Term Liabilities: PGE's short term assets (PLN35.1B) exceed its long term liabilities (PLN23.4B).
Debt to Equity History and Analysis
Debt Level: PGE's net debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: PGE's debt to equity ratio has increased from 22.4% to 28% over the past 5 years.
Debt Coverage: PGE's debt is well covered by operating cash flow (24.4%).
Interest Coverage: PGE earns more interest than it pays, so coverage of interest payments is not a concern.