What is Polska Grupa Energetyczna Financial Strength?
Polska Grupa Energetyczna has the Financial Strength Rank of 4.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
Polska Grupa Energetyczna did not have earnings to cover the interest expense.
Polska Grupa Energetyczna's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.15.
As of today, Polska Grupa Energetyczna's Altman Z-Score is 0.84.
Competitive Comparison of Polska Grupa Energetyczna's Financial Strength
For the Utilities - Regulated Electric subindustry, Polska Grupa Energetyczna's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Polska Grupa Energetyczna's Financial Strength Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Polska Grupa Energetyczna's Financial Strength distribution charts can be found below:
* The bar in red indicates where Polska Grupa Energetyczna's Financial Strength falls into.
Polska Grupa Energetyczna Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Polska Grupa Energetyczna's Interest Expense for the
months ended in Dec. 2023 was zł-294 Mil. Its Operating Income for the
months ended in Dec. 2023 was zł-8,277 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was zł10,384 Mil.
Polska Grupa Energetyczna's Interest Coverage for the quarter that ended in Dec. 2023 is
| Polska Grupa Energetyczna did not have earnings to cover the interest expense. |
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Polska Grupa Energetyczna's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Polska Grupa Energetyczna has a Z-score of 0.84, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 0.84 is in distress zone. This implies bankruptcy possibility in the next two years.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Polska Grupa Energetyczna (WAR:PGE) Business Description
Traded in Other Exchanges
Address
Aleja Krasnicka 27, Warsaw, POL, 20-718
Polska Grupa Energetyczna SA is a Polish electric utility company of which the Polish State Treasury is the majority shareholder. The vast majority of Polska Grupa's revenue comes, collectively, from its conventional generation business, which mines coal and controls power plant operations; its distribution business, which distributes electricity throughout Poland; and its supply business, which purchases and sells electricity and heat. Polska Grupa controls a portfolio of lignite, coal, gas, biomass, hydro, and wind power plants. most of the company's power production is derived from its lignite-fired and coal-fired facilities. Almost all of Polska Grupa's revenue comes from the Polish market, and it is one of the largest energy producers in the country.
Polska Grupa Energetyczna (WAR:PGE) Headlines
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