Formycon Balance Sheet Health
Financial Health criteria checks 1/6
Formycon has a total shareholder equity of €502.8M and total debt of €20.5M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are €890.4M and €387.6M respectively.
Key information
4.1%
Debt to equity ratio
€20.54m
Debt
Interest coverage ratio | n/a |
Cash | €27.04m |
Equity | €502.75m |
Total liabilities | €387.61m |
Total assets | €890.36m |
Recent financial health updates
We Think Formycon (ETR:FYB) Needs To Drive Business Growth Carefully
Dec 23We're Hopeful That Formycon (ETR:FYB) Will Use Its Cash Wisely
Sep 04Here's Why We're Not Too Worried About Formycon's (ETR:FYB) Cash Burn Situation
May 23Here's Why We're Not At All Concerned With Formycon's (ETR:FYB) Cash Burn Situation
Feb 01We Think Formycon (ETR:FYB) Can Easily Afford To Drive Business Growth
Sep 25We're Interested To See How Formycon (ETR:FYB) Uses Its Cash Hoard To Grow
May 19Recent updates
Formycon AG's (ETR:FYB) Prospects Need A Boost To Lift Shares
May 29We Believe Formycon's (ETR:FYB) Earnings Are A Poor Guide For Its Profitability
May 03Some Confidence Is Lacking In Formycon AG's (ETR:FYB) P/S
Jan 19We Think Formycon (ETR:FYB) Needs To Drive Business Growth Carefully
Dec 23Formycon AG's (ETR:FYB) Share Price Not Quite Adding Up
Sep 26We Think You Should Be Aware Of Some Concerning Factors In Formycon's (ETR:FYB) Earnings
Nov 05We're Hopeful That Formycon (ETR:FYB) Will Use Its Cash Wisely
Sep 04Analysts Just Published A Bright New Outlook For Formycon AG's (ETR:FYB)
Jul 13Bearish: Analysts Just Cut Their Formycon AG (ETR:FYB) Revenue and EPS estimates
Jun 02Here's Why We're Not Too Worried About Formycon's (ETR:FYB) Cash Burn Situation
May 23Here's Why We're Not At All Concerned With Formycon's (ETR:FYB) Cash Burn Situation
Feb 01We Think Formycon (ETR:FYB) Can Easily Afford To Drive Business Growth
Sep 25We're Interested To See How Formycon (ETR:FYB) Uses Its Cash Hoard To Grow
May 19Is Formycon's (ETR:FYB) 179% Share Price Increase Well Justified?
Jan 04Financial Position Analysis
Short Term Liabilities: FYB's short term assets (€67.1M) do not cover its short term liabilities (€69.3M).
Long Term Liabilities: FYB's short term assets (€67.1M) do not cover its long term liabilities (€318.3M).
Debt to Equity History and Analysis
Debt Level: FYB has more cash than its total debt.
Reducing Debt: FYB's debt to equity ratio has increased from 0% to 4.1% over the past 5 years.
Debt Coverage: FYB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FYB's interest payments on its debt are well covered by EBIT.