FACC Balance Sheet Health
Financial Health criteria checks 3/6
FACC has a total shareholder equity of €228.0M and total debt of €231.0M, which brings its debt-to-equity ratio to 101.3%. Its total assets and total liabilities are €698.1M and €470.1M respectively. FACC's EBIT is €34.3M making its interest coverage ratio 2.1. It has cash and short-term investments of €47.4M.
Key information
101.3%
Debt to equity ratio
€230.99m
Debt
| Interest coverage ratio | 2.1x |
| Cash | €47.36m |
| Equity | €227.98m |
| Total liabilities | €470.12m |
| Total assets | €698.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1FC's short term assets (€375.2M) exceed its short term liabilities (€258.2M).
Long Term Liabilities: 1FC's short term assets (€375.2M) exceed its long term liabilities (€212.0M).
Debt to Equity History and Analysis
Debt Level: 1FC's net debt to equity ratio (80.5%) is considered high.
Reducing Debt: 1FC's debt to equity ratio has increased from 84.8% to 101.3% over the past 5 years.
Debt Coverage: 1FC's debt is well covered by operating cash flow (25.8%).
Interest Coverage: 1FC's interest payments on its debt are not well covered by EBIT (2.1x coverage).