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
No updates
Recent updates
Financial 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.