Fabryki Mebli FORTE Balance Sheet Health
Financial Health criteria checks 5/6
Fabryki Mebli FORTE has a total shareholder equity of PLN882.0M and total debt of PLN381.9M, which brings its debt-to-equity ratio to 43.3%. Its total assets and total liabilities are PLN1.5B and PLN614.1M respectively. Fabryki Mebli FORTE's EBIT is PLN48.9M making its interest coverage ratio 4.1. It has cash and short-term investments of PLN29.3M.
Key information
43.3%
Debt to equity ratio
zł381.92m
Debt
Interest coverage ratio | 4.1x |
Cash | zł29.34m |
Equity | zł882.00m |
Total liabilities | zł614.11m |
Total assets | zł1.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1U7's short term assets (PLN490.2M) exceed its short term liabilities (PLN329.9M).
Long Term Liabilities: 1U7's short term assets (PLN490.2M) exceed its long term liabilities (PLN284.2M).
Debt to Equity History and Analysis
Debt Level: 1U7's net debt to equity ratio (40%) is considered satisfactory.
Reducing Debt: 1U7's debt to equity ratio has reduced from 100.5% to 43.3% over the past 5 years.
Debt Coverage: 1U7's debt is not well covered by operating cash flow (7%).
Interest Coverage: 1U7's interest payments on its debt are well covered by EBIT (4.1x coverage).