Faes Farma Balance Sheet Health
Financial Health criteria checks 6/6
Faes Farma has a total shareholder equity of €663.3M and total debt of €21.4M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are €776.0M and €112.7M respectively. Faes Farma's EBIT is €102.8M making its interest coverage ratio 268.5. It has cash and short-term investments of €47.8M.
Key information
3.2%
Debt to equity ratio
€21.42m
Debt
Interest coverage ratio | 268.5x |
Cash | €47.75m |
Equity | €663.35m |
Total liabilities | €112.68m |
Total assets | €776.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FFEA's short term assets (€290.3M) exceed its short term liabilities (€86.8M).
Long Term Liabilities: FFEA's short term assets (€290.3M) exceed its long term liabilities (€25.9M).
Debt to Equity History and Analysis
Debt Level: FFEA has more cash than its total debt.
Reducing Debt: FFEA's debt to equity ratio has reduced from 15.7% to 3.2% over the past 5 years.
Debt Coverage: FFEA's debt is well covered by operating cash flow (471.4%).
Interest Coverage: FFEA's interest payments on its debt are well covered by EBIT (268.5x coverage).