Figeac Aero Société Anonyme Balance Sheet Health
Financial Health criteria checks 4/6
Figeac Aero Société Anonyme has a total shareholder equity of €57.7M and total debt of €356.3M, which brings its debt-to-equity ratio to 617.2%. Its total assets and total liabilities are €681.5M and €623.8M respectively. Figeac Aero Société Anonyme's EBIT is €2.1M making its interest coverage ratio 0.2. It has cash and short-term investments of €88.7M.
Key information
617.2%
Debt to equity ratio
€356.33m
Debt
| Interest coverage ratio | 0.2x |
| Cash | €88.74m |
| Equity | €57.73m |
| Total liabilities | €623.81m |
| Total assets | €681.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1F1's short term assets (€393.5M) exceed its short term liabilities (€265.8M).
Long Term Liabilities: 1F1's short term assets (€393.5M) exceed its long term liabilities (€358.1M).
Debt to Equity History and Analysis
Debt Level: 1F1's net debt to equity ratio (463.5%) is considered high.
Reducing Debt: 1F1's debt to equity ratio has increased from 173.3% to 617.2% 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 1F1 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1F1 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24.3% per year.