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Passus SA (PL:PAS)
:PAS
Poland Market

Passus SA (PAS) Ratios

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Passus SA Ratios

PL:PAS's free cash flow for Q3 2025 was zł0.46. For the 2025 fiscal year, PL:PAS's free cash flow was decreased by zł and operating cash flow was zł0.18. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
1.54 1.59 1.18 1.10 1.09
Quick Ratio
1.50 1.56 1.14 1.10 1.09
Cash Ratio
0.52 0.44 0.35 0.61 0.23
Solvency Ratio
0.73 0.18 0.07 0.14 0.26
Operating Cash Flow Ratio
0.81 0.18 -0.19 0.54 0.18
Short-Term Operating Cash Flow Coverage
0.00 11.23 0.00 0.00 28.67
Net Current Asset Value
zł 15.77Mzł 20.25Mzł 7.94Mzł 4.45Mzł 12.17M
Leverage Ratios
Debt-to-Assets Ratio
0.01 0.02 0.02 0.01 0.03
Debt-to-Equity Ratio
0.03 0.04 0.06 0.06 0.09
Debt-to-Capital Ratio
0.03 0.04 0.06 0.06 0.08
Long-Term Debt-to-Capital Ratio
0.00 0.00 0.00 0.00 0.00
Financial Leverage Ratio
2.66 2.48 3.56 3.99 3.32
Debt Service Coverage Ratio
27.32 13.90 39.13 52.41 23.63
Interest Coverage Ratio
26.37 27.32 39.89 39.18 59.43
Debt to Market Cap
0.00 0.01 0.00 0.00 <0.01
Interest Debt Per Share
0.68 0.66 0.70 0.60 0.81
Net Debt to EBITDA
-0.84 -1.08 -1.29 -3.55 -0.74
Profitability Margins
Gross Profit Margin
37.41%13.51%14.14%91.80%41.03%
EBIT Margin
13.13%11.45%11.79%7.59%13.79%
EBITDA Margin
14.55%13.31%13.93%11.40%18.88%
Operating Profit Margin
11.69%8.06%12.49%7.74%14.15%
Pretax Profit Margin
12.77%11.15%11.48%7.39%13.63%
Net Profit Margin
16.28%4.78%1.87%5.65%9.49%
Continuous Operations Profit Margin
10.43%9.44%9.01%6.35%10.72%
Net Income Per EBT
127.46%42.85%16.27%76.47%69.64%
EBT Per EBIT
109.32%138.40%91.90%95.55%96.32%
Return on Assets (ROA)
38.72%7.46%2.29%5.92%11.31%
Return on Equity (ROE)
99.88%18.49%8.13%23.59%37.51%
Return on Capital Employed (ROCE)
64.93%27.29%47.35%28.65%99.25%
Return on Invested Capital (ROIC)
51.78%22.29%36.30%24.00%47.10%
Return on Tangible Assets
40.37%7.77%2.67%6.90%12.30%
Earnings Yield
9.03%9.07%3.62%6.90%5.94%
Efficiency Ratios
Receivables Turnover
7.81 2.62 3.83 8.24 2.48
Payables Turnover
5.24 5.79 3.21 0.26 1.84
Inventory Turnover
64.48 66.22 36.15 43.21 269.22
Fixed Asset Turnover
293.50 56.88 31.72 35.25 35.55
Asset Turnover
2.38 1.56 1.22 1.05 1.19
Working Capital Turnover Ratio
9.43 7.02 12.52 16.29 17.62
Cash Conversion Cycle
-17.23 81.75 -8.42 -1.33K -49.71
Days of Sales Outstanding
46.71 139.22 95.28 44.31 147.17
Days of Inventory Outstanding
5.66 5.51 10.10 8.45 1.36
Days of Payables Outstanding
69.60 62.99 113.79 1.39K 198.24
Operating Cycle
52.37 144.74 105.38 52.75 148.53
Cash Flow Ratios
Operating Cash Flow Per Share
15.38 3.17 -4.55 13.74 4.13
Free Cash Flow Per Share
15.37 3.16 -7.07 10.82 3.55
CapEx Per Share
3.95 0.01 2.51 2.92 0.58
Free Cash Flow to Operating Cash Flow
1.00 1.00 1.55 0.79 0.86
Dividend Paid and CapEx Coverage Ratio
2.48 1.08 -1.81 4.70 6.39
Capital Expenditure Coverage Ratio
3.89 283.26 -1.81 4.70 7.17
Operating Cash Flow Coverage Ratio
45.82 6.25 -7.98 26.19 5.61
Operating Cash Flow to Sales Ratio
0.20 0.06 -0.11 0.37 0.13
Free Cash Flow Yield
8.89%11.46%-32.43%35.47%6.77%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
11.07 11.03 27.59 14.48 16.82
Price-to-Sales (P/S) Ratio
2.19 0.53 0.52 0.82 1.60
Price-to-Book (P/B) Ratio
11.38 2.04 2.24 3.42 6.31
Price-to-Free Cash Flow (P/FCF) Ratio
11.25 8.73 -3.08 2.82 14.78
Price-to-Operating Cash Flow Ratio
9.24 8.70 -4.79 2.22 12.72
Price-to-Earnings Growth (PEG) Ratio
0.35 0.05 -0.44 -0.45 0.08
Price-to-Fair Value
11.38 2.04 2.24 3.42 6.31
Enterprise Value Multiple
14.25 2.88 2.41 3.64 7.72
Enterprise Value
253.10M 41.26M 29.12M 31.69M 91.83M
EV to EBITDA
14.25 2.88 2.41 3.64 7.72
EV to Sales
2.07 0.38 0.34 0.41 1.46
EV to Free Cash Flow
10.63 6.36 -2.01 1.43 13.49
EV to Operating Cash Flow
10.62 6.33 -3.11 1.12 11.61
Tangible Book Value Per Share
12.68 13.27 5.87 4.58 6.68
Shareholders’ Equity Per Share
12.47 13.53 9.72 8.93 8.32
Tax and Other Ratios
Effective Tax Rate
0.19 0.15 0.15 0.14 0.21
Revenue Per Share
78.80 52.36 42.31 37.24 32.89
Net Income Per Share
12.83 2.50 0.79 2.11 3.12
Tax Burden
1.27 0.43 0.16 0.76 0.70
Interest Burden
0.97 0.97 0.97 0.97 0.99
Research & Development to Revenue
<0.01 <0.01 0.05 0.02 0.01
SG&A to Revenue
0.00 0.00 0.00 0.00 0.39
Stock-Based Compensation to Revenue
0.00 0.00 0.00 <0.01 <0.01
Income Quality
1.73 0.63 -2.38 6.52 0.92
Currency in PLN