Arctic Paper Balance Sheet Health
Financial Health criteria checks 6/6
Arctic Paper has a total shareholder equity of PLN1.8B and total debt of PLN143.6M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are PLN2.7B and PLN940.7M respectively. Arctic Paper's EBIT is PLN274.4M making its interest coverage ratio -82.4. It has cash and short-term investments of PLN484.5M.
Key information
8.1%
Debt to equity ratio
zł143.63m
Debt
Interest coverage ratio | -82.4x |
Cash | zł484.45m |
Equity | zł1.78b |
Total liabilities | zł940.73m |
Total assets | zł2.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARP's short term assets (PLN1.4B) exceed its short term liabilities (PLN699.1M).
Long Term Liabilities: ARP's short term assets (PLN1.4B) exceed its long term liabilities (PLN241.6M).
Debt to Equity History and Analysis
Debt Level: ARP has more cash than its total debt.
Reducing Debt: ARP's debt to equity ratio has reduced from 53.5% to 8.1% over the past 5 years.
Debt Coverage: ARP's debt is well covered by operating cash flow (324.8%).
Interest Coverage: ARP earns more interest than it pays, so coverage of interest payments is not a concern.