PGE Polska Grupa Energetyczna Balance Sheet Health
Financial Health criteria checks 5/6
PGE Polska Grupa Energetyczna has a total shareholder equity of PLN50.4B and total debt of PLN10.0B, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are PLN119.2B and PLN68.8B respectively. PGE Polska Grupa Energetyczna's EBIT is PLN4.3B making its interest coverage ratio 719. It has cash and short-term investments of PLN4.5B.
Key information
19.9%
Debt to equity ratio
zł10.02b
Debt
| Interest coverage ratio | 719x |
| Cash | zł4.48b |
| Equity | zł50.36b |
| Total liabilities | zł68.83b |
| Total assets | zł119.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PGPK.Y's short term assets (PLN38.0B) do not cover its short term liabilities (PLN46.0B).
Long Term Liabilities: PGPK.Y's short term assets (PLN38.0B) exceed its long term liabilities (PLN22.8B).
Debt to Equity History and Analysis
Debt Level: PGPK.Y's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: PGPK.Y's debt to equity ratio has reduced from 22.6% to 19.9% over the past 5 years.
Debt Coverage: PGPK.Y's debt is well covered by operating cash flow (90.2%).
Interest Coverage: PGPK.Y's interest payments on its debt are well covered by EBIT (719x coverage).