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 PLN226.9M, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are PLN2.7B and PLN940.7M respectively. Arctic Paper's EBIT is PLN229.4M making its interest coverage ratio -64.6. It has cash and short-term investments of PLN254.5M.
Key information
12.7%
Debt to equity ratio
zł226.94m
Debt
| Interest coverage ratio | -64.6x |
| Cash | zł254.46m |
| Equity | zł1.78b |
| Total liabilities | zł940.67m |
| Total assets | zł2.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARP's short term assets (PLN1.3B) exceed its short term liabilities (PLN674.8M).
Long Term Liabilities: ARP's short term assets (PLN1.3B) exceed its long term liabilities (PLN265.9M).
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 46.5% to 12.7% over the past 5 years.
Debt Coverage: ARP's debt is well covered by operating cash flow (90.4%).
Interest Coverage: ARP earns more interest than it pays, so coverage of interest payments is not a concern.