BIFIRE Balance Sheet Health
Financial Health criteria checks 5/6
BIFIRE has a total shareholder equity of €38.5M and total debt of €6.1M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are €55.7M and €17.2M respectively. BIFIRE's EBIT is €10.5M making its interest coverage ratio 52.2. It has cash and short-term investments of €7.6M.
Key information
15.9%
Debt to equity ratio
€6.13m
Debt
Interest coverage ratio | 52.2x |
Cash | €7.55m |
Equity | €38.51m |
Total liabilities | €17.18m |
Total assets | €55.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Q8I's short term assets (€33.2M) exceed its short term liabilities (€11.7M).
Long Term Liabilities: Q8I's short term assets (€33.2M) exceed its long term liabilities (€5.5M).
Debt to Equity History and Analysis
Debt Level: Q8I has more cash than its total debt.
Reducing Debt: Insufficient data to determine if Q8I's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Q8I's debt is well covered by operating cash flow (92.8%).
Interest Coverage: Q8I's interest payments on its debt are well covered by EBIT (52.2x coverage).