Fourlis Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Fourlis Holdings has a total shareholder equity of €286.5M and total debt of €106.4M, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are €902.7M and €616.3M respectively. Fourlis Holdings's EBIT is €33.2M making its interest coverage ratio 1.7. It has cash and short-term investments of €40.7M.
Key information
37.2%
Debt to equity ratio
€106.44m
Debt
Interest coverage ratio | 1.7x |
Cash | €40.69m |
Equity | €286.47m |
Total liabilities | €616.26m |
Total assets | €902.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2FH's short term assets (€634.8M) exceed its short term liabilities (€472.1M).
Long Term Liabilities: 2FH's short term assets (€634.8M) exceed its long term liabilities (€144.2M).
Debt to Equity History and Analysis
Debt Level: 2FH's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: 2FH's debt to equity ratio has reduced from 77.2% to 37.2% over the past 5 years.
Debt Coverage: 2FH's debt is well covered by operating cash flow (46.3%).
Interest Coverage: 2FH's interest payments on its debt are not well covered by EBIT (1.7x coverage).