Frequentis Balance Sheet Health
Financial Health criteria checks 6/6
Frequentis has a total shareholder equity of €155.6M and total debt of €2.3M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are €371.1M and €215.4M respectively. Frequentis's EBIT is €25.3M making its interest coverage ratio 51. It has cash and short-term investments of €84.7M.
Key information
1.5%
Debt to equity ratio
€2.33m
Debt
Interest coverage ratio | 51x |
Cash | €84.68m |
Equity | €155.62m |
Total liabilities | €215.45m |
Total assets | €371.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FQT's short term assets (€277.1M) exceed its short term liabilities (€142.4M).
Long Term Liabilities: FQT's short term assets (€277.1M) exceed its long term liabilities (€73.1M).
Debt to Equity History and Analysis
Debt Level: FQT has more cash than its total debt.
Reducing Debt: FQT's debt to equity ratio has reduced from 12.6% to 1.5% over the past 5 years.
Debt Coverage: FQT's debt is well covered by operating cash flow (1101.5%).
Interest Coverage: FQT's interest payments on its debt are well covered by EBIT (51x coverage).