Asseco Poland Balance Sheet Health
Financial Health criteria checks 5/6
Asseco Poland has a total shareholder equity of PLN9.2B and total debt of PLN3.8B, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are PLN19.0B and PLN9.8B respectively. Asseco Poland's EBIT is PLN1.6B making its interest coverage ratio 6.9. It has cash and short-term investments of PLN2.6B.
Key information
41.1%
Debt to equity ratio
zł3.77b
Debt
Interest coverage ratio | 6.9x |
Cash | zł2.59b |
Equity | zł9.19b |
Total liabilities | zł9.82b |
Total assets | zł19.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASOZ.F's short term assets (PLN8.6B) exceed its short term liabilities (PLN5.9B).
Long Term Liabilities: ASOZ.F's short term assets (PLN8.6B) exceed its long term liabilities (PLN3.9B).
Debt to Equity History and Analysis
Debt Level: ASOZ.F's net debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: ASOZ.F's debt to equity ratio has increased from 22.7% to 41.1% over the past 5 years.
Debt Coverage: ASOZ.F's debt is well covered by operating cash flow (55.7%).
Interest Coverage: ASOZ.F's interest payments on its debt are well covered by EBIT (6.9x coverage).