Cyprus Forest Industries Balance Sheet Health
Financial Health criteria checks 6/6
Cyprus Forest Industries has a total shareholder equity of €11.2M and total debt of €2.0M, which brings its debt-to-equity ratio to 18.1%. Its total assets and total liabilities are €16.3M and €5.0M respectively.
Key information
18.1%
Debt to equity ratio
€2.04m
Debt
| Interest coverage ratio | n/a |
| Cash | €180.36k |
| Equity | €11.23m |
| Total liabilities | €5.02m |
| Total assets | €16.25m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CFI's short term assets (€3.6M) exceed its short term liabilities (€2.2M).
Long Term Liabilities: CFI's short term assets (€3.6M) exceed its long term liabilities (€2.8M).
Debt to Equity History and Analysis
Debt Level: CFI's net debt to equity ratio (16.5%) is considered satisfactory.
Reducing Debt: CFI's debt to equity ratio has reduced from 25.3% to 18.1% 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: Whilst unprofitable CFI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CFI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.4% per year.