KGHM Polska Miedz Balance Sheet Health
Financial Health criteria checks 6/6
KGHM Polska Miedz has a total shareholder equity of PLN29.4B and total debt of PLN5.6B, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are PLN53.2B and PLN23.9B respectively. KGHM Polska Miedz's EBIT is PLN1.8B making its interest coverage ratio -3.7. It has cash and short-term investments of PLN2.5B.
Key information
19.1%
Debt to equity ratio
zł5.60b
Debt
| Interest coverage ratio | -3.7x |
| Cash | zł2.45b |
| Equity | zł29.38b |
| Total liabilities | zł23.86b |
| Total assets | zł53.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KGHP.F's short term assets (PLN13.9B) exceed its short term liabilities (PLN12.6B).
Long Term Liabilities: KGHP.F's short term assets (PLN13.9B) exceed its long term liabilities (PLN11.3B).
Debt to Equity History and Analysis
Debt Level: KGHP.F's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: KGHP.F's debt to equity ratio has reduced from 41.4% to 19.1% over the past 5 years.
Debt Coverage: KGHP.F's debt is well covered by operating cash flow (109.8%).
Interest Coverage: KGHP.F earns more interest than it pays, so coverage of interest payments is not a concern.