Forvia Balance Sheet Health

Financial Health criteria checks 2/6

Forvia has a total shareholder equity of €6.2B and total debt of €10.1B, which brings its debt-to-equity ratio to 162.2%. Its total assets and total liabilities are €30.5B and €24.3B respectively. Forvia's EBIT is €1.3B making its interest coverage ratio 2.5. It has cash and short-term investments of €4.3B.

Key information

162.2%

Debt to equity ratio

€10.09b

Debt

Interest coverage ratio2.5x
Cash€4.29b
Equity€6.22b
Total liabilities€24.27b
Total assets€30.49b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: FRVI's short term assets (€13.5B) do not cover its short term liabilities (€13.8B).

Long Term Liabilities: FRVI's short term assets (€13.5B) exceed its long term liabilities (€10.5B).


Debt to Equity History and Analysis

Debt Level: FRVI's net debt to equity ratio (93.3%) is considered high.

Reducing Debt: FRVI's debt to equity ratio has increased from 86.9% to 162.2% over the past 5 years.

Debt Coverage: FRVI's debt is well covered by operating cash flow (27.1%).

Interest Coverage: FRVI's interest payments on its debt are not well covered by EBIT (2.5x coverage).


Balance Sheet


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