Fourlis Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Fourlis Holdings has a total shareholder equity of €291.6M and total debt of €122.6M, which brings its debt-to-equity ratio to 42%. Its total assets and total liabilities are €974.5M and €682.9M respectively. Fourlis Holdings's EBIT is €43.6M making its interest coverage ratio 1.8. It has cash and short-term investments of €48.2M.
Key information
42.0%
Debt to equity ratio
€122.61m
Debt
| Interest coverage ratio | 1.8x |
| Cash | €48.18m |
| Equity | €291.65m |
| Total liabilities | €682.89m |
| Total assets | €974.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2FH's short term assets (€660.1M) exceed its short term liabilities (€445.9M).
Long Term Liabilities: 2FH's short term assets (€660.1M) exceed its long term liabilities (€237.0M).
Debt to Equity History and Analysis
Debt Level: 2FH's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: 2FH's debt to equity ratio has reduced from 92.9% to 42% over the past 5 years.
Debt Coverage: 2FH's debt is well covered by operating cash flow (51%).
Interest Coverage: 2FH's interest payments on its debt are not well covered by EBIT (1.8x coverage).