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Grupa Azoty Zaklady Azotowe Pulawy SA (PL:ZAP)
:ZAP
Poland Market
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Grupa Azoty Zaklady Azotowe Pulawy SA (ZAP) Ratios

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Grupa Azoty Zaklady Azotowe Pulawy SA Ratios

PL:ZAP's free cash flow for Q2 2025 was zł0.03. For the 2025 fiscal year, PL:ZAP's free cash flow was decreased by zł and operating cash flow was zł-0.10. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
0.68 0.86 1.16 1.02 1.26
Quick Ratio
0.56 0.64 0.88 0.85 0.97
Cash Ratio
0.12 0.19 0.33 0.32 0.40
Solvency Ratio
<0.01 -0.10 0.16 0.13 0.24
Operating Cash Flow Ratio
0.86 0.81 0.78 0.71 0.45
Short-Term Operating Cash Flow Coverage
31.64 28.66 23.30 30.09 10.26
Net Current Asset Value
zł -1.66Bzł -930.63Mzł -42.87Mzł -417.74Mzł -223.85M
Leverage Ratios
Debt-to-Assets Ratio
0.05 0.04 0.07 0.11 0.05
Debt-to-Equity Ratio
0.12 0.09 0.14 0.21 0.08
Debt-to-Capital Ratio
0.11 0.09 0.12 0.18 0.08
Long-Term Debt-to-Capital Ratio
0.02 0.02 0.01 <0.01 0.00
Financial Leverage Ratio
2.49 2.07 1.87 1.93 1.54
Debt Service Coverage Ratio
0.77 -1.67 8.83 5.68 6.93
Interest Coverage Ratio
-0.54 -7.23 28.21 33.36 28.53
Debt to Market Cap
0.16 0.12 0.11 0.07 0.04
Interest Debt Per Share
24.04 20.55 30.38 43.33 16.00
Net Debt to EBITDA
-0.44 0.81 -0.39 -0.40 -0.46
Profitability Margins
Gross Profit Margin
0.82%-3.12%15.57%16.97%21.51%
EBIT Margin
-1.27%-13.32%3.32%2.80%8.87%
EBITDA Margin
6.10%-7.47%12.46%7.51%16.64%
Operating Profit Margin
-1.76%-13.53%9.61%7.75%8.64%
Pretax Profit Margin
-4.75%-15.19%2.96%2.55%8.42%
Net Profit Margin
-6.37%-14.13%3.27%3.82%6.73%
Continuous Operations Profit Margin
-6.36%-14.17%3.27%3.82%6.72%
Net Income Per EBT
134.05%93.00%110.14%149.43%79.91%
EBT Per EBIT
270.40%112.29%30.84%32.95%97.54%
Return on Assets (ROA)
-3.50%-9.00%3.92%2.86%3.91%
Return on Equity (ROE)
-8.39%-18.62%7.33%5.52%6.03%
Return on Capital Employed (ROCE)
-2.02%-15.57%19.15%9.94%6.66%
Return on Invested Capital (ROIC)
-2.61%-14.05%20.54%14.52%5.21%
Return on Tangible Assets
-3.53%-9.07%3.98%2.88%3.95%
Earnings Yield
-26.11%-52.96%20.99%13.91%13.16%
Efficiency Ratios
Receivables Turnover
10.60 12.64 14.69 6.29 10.97
Payables Turnover
1.75 5.04 6.48 3.77 6.77
Inventory Turnover
8.63 6.68 9.08 8.67 6.34
Fixed Asset Turnover
0.93 1.12 2.41 1.36 0.88
Asset Turnover
0.55 0.64 1.20 0.75 0.58
Working Capital Turnover Ratio
-3.46 524.91 33.78 26.14 5.47
Cash Conversion Cycle
-131.70 11.17 8.66 3.22 36.89
Days of Sales Outstanding
34.45 28.89 24.84 58.01 33.26
Days of Inventory Outstanding
42.27 54.64 40.18 42.09 57.53
Days of Payables Outstanding
208.42 72.36 56.36 96.88 53.89
Operating Cycle
76.72 83.53 65.02 100.10 90.79
Cash Flow Ratios
Operating Cash Flow Per Share
162.83 130.39 119.92 113.45 31.92
Free Cash Flow Per Share
152.65 103.74 95.96 58.92 -0.30
CapEx Per Share
10.18 26.65 23.96 54.53 32.22
Free Cash Flow to Operating Cash Flow
0.94 0.80 0.80 0.52 >-0.01
Dividend Paid and CapEx Coverage Ratio
15.99 4.89 3.92 2.08 0.85
Capital Expenditure Coverage Ratio
15.99 4.89 5.01 2.08 0.99
Operating Cash Flow Coverage Ratio
9.22 8.03 4.17 2.66 2.06
Operating Cash Flow to Sales Ratio
0.82 0.57 0.26 0.40 0.19
Free Cash Flow Yield
316.05%168.95%132.54%74.77%-0.35%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
-3.83 -1.89 4.76 7.19 7.60
Price-to-Sales (P/S) Ratio
0.24 0.27 0.16 0.27 0.51
Price-to-Book (P/B) Ratio
0.33 0.35 0.35 0.40 0.46
Price-to-Free Cash Flow (P/FCF) Ratio
0.32 0.59 0.75 1.34 -288.54
Price-to-Operating Cash Flow Ratio
0.30 0.47 0.60 0.69 2.69
Price-to-Earnings Growth (PEG) Ratio
-0.17 <0.01 0.12 -2.46 -0.26
Price-to-Fair Value
0.33 0.35 0.35 0.40 0.46
Enterprise Value Multiple
3.55 -2.76 0.86 3.26 2.62
Enterprise Value
821.23M 908.42M 956.79M 1.34B 1.40B
EV to EBITDA
3.55 -2.76 0.86 3.26 2.62
EV to Sales
0.22 0.21 0.11 0.24 0.44
EV to Free Cash Flow
0.28 0.46 0.52 1.19 -245.80
EV to Operating Cash Flow
0.26 0.36 0.42 0.62 2.29
Tangible Book Value Per Share
141.44 171.63 201.69 195.25 183.96
Shareholders’ Equity Per Share
144.87 174.63 207.26 198.73 187.14
Tax and Other Ratios
Effective Tax Rate
-0.34 0.07 -0.10 -0.49 0.20
Revenue Per Share
198.09 230.16 465.54 287.15 167.74
Net Income Per Share
-12.61 -32.52 15.20 10.96 11.29
Tax Burden
1.34 0.93 1.10 1.49 0.80
Interest Burden
3.73 1.14 0.89 0.91 0.95
Research & Development to Revenue
>-0.01 0.00 <0.01 <0.01 <0.01
SG&A to Revenue
0.06 0.06 0.03 0.04 0.07
Stock-Based Compensation to Revenue
0.00 0.00 0.00 0.00 0.00
Income Quality
-17.31 -4.01 8.69 15.47 2.26
Currency in PLN
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