Idm Sa

IDM SA exhibits a highly leveraged capital structure characterized by extreme debt levels relative to equity. The company reports total liabilities of 2,233,860 PLN against total equity of only 2,820 PLN, resulting in a debt-to-equity ratio of 497.26. This leverage is further highlighted by a price-to-book ratio of 7,409.41, indicating that the market capitalization of 20,894,525 PLN vastly exceeds the book value of equity. Liquidity is assessed as medium risk, with cash and equivalents standing at 438,820 PLN, which is insufficient to cover long-term debt of 1,402,270 PLN, resulting in negative net cash.

Profitability metrics present a distorted picture due to the near-zero equity base. While the operating income is positive at 899,470 PLN, the net income is negative at -422,260 PLN, leading to a nominal return on equity of 701.47% and a return on assets of 0.88%. The negative net income suggests that non-operating expenses, likely interest costs given the high debt load, are eroding operating profits. The free cash flow is also negative at -422,260 PLN, matching the net income figure, indicating no cash generation from operations after capital expenditures.

The company's return on equity of 701.5% ranks as best-in-class within the seven-company Capital Markets cohort.

Operating income increased by 374.7% year-over-year, indicating a substantial improvement in core operational profitability.

Idm Sa carries a debt-to-equity ratio of 497.26, far exceeding the cohort median of 0.23.

Cash conversion ratio stands at -0.97, placing the company in the bottom quartile of its peer cohort.

The company faces a medium level of liquidity risk, posing potential challenges for short-term obligations.