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STARHEDGE S.A. (PL:SHG)
:SHG
Poland Market

STARHEDGE S.A. (SHG) Ratios

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STARHEDGE S.A. Ratios

PL:SHG's free cash flow for Q3 2025 was zł0.45. For the 2025 fiscal year, PL:SHG's free cash flow was decreased by zł and operating cash flow was zł0.29. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
4.73 1.74 2.06 2.96 2.45
Quick Ratio
0.87 1.67 1.21 1.46 1.09
Cash Ratio
0.16 0.07 0.03 0.03 0.04
Solvency Ratio
-1.01 -2.41 0.14 0.20 0.08
Operating Cash Flow Ratio
-0.06 -0.13 -0.20 0.15 0.15
Short-Term Operating Cash Flow Coverage
-0.16 -0.25 -0.59 0.94 1.12
Net Current Asset Value
zł 18.17Mzł 1.14Mzł 24.52Mzł 28.61Mzł 22.31M
Leverage Ratios
Debt-to-Assets Ratio
0.05 0.02 0.11 0.06 0.09
Debt-to-Equity Ratio
0.07 0.02 0.19 0.10 0.18
Debt-to-Capital Ratio
0.06 0.02 0.16 0.09 0.15
Long-Term Debt-to-Capital Ratio
<0.01 0.00 <0.01 0.01 0.06
Financial Leverage Ratio
1.41 1.04 1.78 1.74 1.88
Debt Service Coverage Ratio
>-0.01 0.52 0.57 1.62 0.97
Interest Coverage Ratio
-3.91 -3.23 2.27 4.45 5.35
Debt to Market Cap
0.09 0.04 0.29 0.10 0.13
Interest Debt Per Share
0.03 <0.01 0.10 0.06 0.09
Net Debt to EBITDA
9.11 1.05 2.16 0.66 1.92
Profitability Margins
Gross Profit Margin
148.69%99.70%10.32%65.04%52.54%
EBIT Margin
0.12%-4.79%9.07%16.41%5.73%
EBITDA Margin
-2.16%40.25%11.89%19.62%8.69%
Operating Profit Margin
8.88%-4.99%6.74%15.15%10.12%
Pretax Profit Margin
103.32%-291.12%6.10%13.05%3.84%
Net Profit Margin
101.70%-305.39%8.76%10.64%1.86%
Continuous Operations Profit Margin
105.52%-305.39%9.92%12.01%3.30%
Net Income Per EBT
98.43%104.90%143.56%81.58%48.47%
EBT Per EBIT
1163.60%5834.00%90.55%86.15%37.93%
Return on Assets (ROA)
-16.47%-9.71%3.36%4.43%0.95%
Return on Equity (ROE)
-20.13%-10.05%5.97%7.70%1.77%
Return on Capital Employed (ROCE)
-1.60%-0.16%3.57%7.95%6.85%
Return on Invested Capital (ROIC)
-1.53%-0.16%5.14%6.96%5.56%
Return on Tangible Assets
-16.47%-9.71%3.37%4.43%0.95%
Earnings Yield
-33.13%-25.42%9.74%11.25%1.90%
Efficiency Ratios
Receivables Turnover
-2.26 1.02 3.02 2.79 6.46
Payables Turnover
4.26 0.02 7.74 3.67 4.78
Inventory Turnover
0.40 0.04 1.47 0.47 0.71
Fixed Asset Turnover
-3.59 2.00K 4.66 4.24 4.18
Asset Turnover
-0.16 0.03 0.38 0.42 0.51
Working Capital Turnover Ratio
-0.42 0.14 1.15 1.14 1.51
Cash Conversion Cycle
666.59 -8.28K 321.69 812.18 492.15
Days of Sales Outstanding
-161.80 357.17 120.82 130.89 56.47
Days of Inventory Outstanding
914.16 8.58K 248.00 780.86 512.07
Days of Payables Outstanding
85.77 17.22K 47.13 99.57 76.39
Operating Cycle
752.36 8.93K 368.83 911.75 568.53
Cash Flow Ratios
Operating Cash Flow Per Share
>-0.01 >-0.01 -0.05 0.03 0.03
Free Cash Flow Per Share
>-0.01 >-0.01 -0.05 >-0.01 <0.01
CapEx Per Share
<0.01 0.00 <0.01 0.03 0.03
Free Cash Flow to Operating Cash Flow
1.00 1.00 1.00 -0.11 0.15
Dividend Paid and CapEx Coverage Ratio
-369.00 0.00 -106.52 0.90 1.18
Capital Expenditure Coverage Ratio
-369.00 0.00 -409.69 0.90 1.18
Operating Cash Flow Coverage Ratio
-0.14 -0.25 -0.52 0.53 0.39
Operating Cash Flow to Sales Ratio
0.04 -0.12 -0.14 0.08 0.07
Free Cash Flow Yield
-1.35%-1.03%-16.02%-0.89%1.15%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
-3.28 -3.93 10.27 8.89 52.63
Price-to-Sales (P/S) Ratio
-3.34 12.01 0.90 0.95 0.98
Price-to-Book (P/B) Ratio
0.76 0.40 0.61 0.68 0.93
Price-to-Free Cash Flow (P/FCF) Ratio
-80.67 -97.06 -6.24 -112.44 86.64
Price-to-Operating Cash Flow Ratio
-80.89 -97.06 -6.26 12.43 13.41
Price-to-Earnings Growth (PEG) Ratio
0.15 0.01 -0.59 0.03 -0.75
Price-to-Fair Value
0.76 0.40 0.61 0.68 0.93
Enterprise Value Multiple
163.77 30.89 9.73 5.48 13.19
Enterprise Value
29.21M 24.91M 42.85M 39.72M 45.85M
EV to EBITDA
151.35 30.89 9.73 5.48 13.19
EV to Sales
-3.27 12.43 1.16 1.08 1.15
EV to Free Cash Flow
-78.95 -100.46 -8.03 -127.72 101.44
EV to Operating Cash Flow
-79.16 -100.46 -8.04 14.12 15.70
Tangible Book Value Per Share
0.43 0.60 0.61 0.58 0.60
Shareholders’ Equity Per Share
0.36 0.60 0.50 0.47 0.48
Tax and Other Ratios
Effective Tax Rate
-0.02 -0.05 -0.63 0.08 0.14
Revenue Per Share
-0.08 0.02 0.34 0.34 0.45
Net Income Per Share
-0.08 -0.06 0.03 0.04 <0.01
Tax Burden
0.98 1.05 1.44 0.82 0.48
Interest Burden
839.91 60.77 0.67 0.80 0.67
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.00 0.00 0.00 0.30 0.21
Stock-Based Compensation to Revenue
0.00 0.00 0.00 0.00 0.00
Income Quality
0.04 0.04 -1.64 0.58 1.90
Currency in PLN