Cyprus Forest Industries Balance Sheet Health
Financial Health criteria checks 4/6
Cyprus Forest Industries has a total shareholder equity of €11.9M and total debt of €2.7M, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are €16.6M and €4.7M respectively.
Key information
22.8%
Debt to equity ratio
€2.72m
Debt
Interest coverage ratio | n/a |
Cash | €68.61k |
Equity | €11.92m |
Total liabilities | €4.68m |
Total assets | €16.59m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CFI's short term assets (€4.3M) exceed its short term liabilities (€2.0M).
Long Term Liabilities: CFI's short term assets (€4.3M) exceed its long term liabilities (€2.7M).
Debt to Equity History and Analysis
Debt Level: CFI's net debt to equity ratio (22.2%) is considered satisfactory.
Reducing Debt: CFI's debt to equity ratio has reduced from 33.4% to 22.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if CFI has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CFI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.