Fidia Balance Sheet Health
Financial Health criteria checks 3/6
Fidia has a total shareholder equity of €4.6M and total debt of €1.0M, which brings its debt-to-equity ratio to 22.3%. Its total assets and total liabilities are €30.7M and €26.1M respectively.
Key information
22.3%
Debt to equity ratio
€1.02m
Debt
| Interest coverage ratio | n/a |
| Cash | €2.13m |
| Equity | €4.58m |
| Total liabilities | €26.10m |
| Total assets | €30.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FIC's short term assets (€20.6M) do not cover its short term liabilities (€20.7M).
Long Term Liabilities: FIC's short term assets (€20.6M) exceed its long term liabilities (€5.4M).
Debt to Equity History and Analysis
Debt Level: FIC has more cash than its total debt.
Reducing Debt: FIC's debt to equity ratio has reduced from 153.2% to 22.3% 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: FIC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FIC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.1% each year