Frey Balance Sheet Health
Financial Health criteria checks 1/6
Frey has a total shareholder equity of €1.1B and total debt of €1.1B, which brings its debt-to-equity ratio to 97%. Its total assets and total liabilities are €2.4B and €1.3B respectively. Frey's EBIT is €97.4M making its interest coverage ratio 1.4. It has cash and short-term investments of €100.6M.
Key information
97.0%
Debt to equity ratio
€1.07b
Debt
| Interest coverage ratio | 1.4x |
| Cash | €100.60m |
| Equity | €1.10b |
| Total liabilities | €1.29b |
| Total assets | €2.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 943's short term assets (€277.1M) exceed its short term liabilities (€175.7M).
Long Term Liabilities: 943's short term assets (€277.1M) do not cover its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: 943's net debt to equity ratio (87.9%) is considered high.
Reducing Debt: 943's debt to equity ratio has increased from 64.2% to 97% over the past 5 years.
Debt Coverage: 943's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: 943's interest payments on its debt are not well covered by EBIT (1.4x coverage).