Fabasoft Balance Sheet Health
Financial Health criteria checks 6/6
Fabasoft has a total shareholder equity of €30.1M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €72.8M and €42.6M respectively. Fabasoft's EBIT is €14.1M making its interest coverage ratio 40.7. It has cash and short-term investments of €21.5M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | 40.7x |
Cash | €21.51m |
Equity | €30.14m |
Total liabilities | €42.64m |
Total assets | €72.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FAA's short term assets (€42.5M) exceed its short term liabilities (€32.2M).
Long Term Liabilities: FAA's short term assets (€42.5M) exceed its long term liabilities (€10.4M).
Debt to Equity History and Analysis
Debt Level: FAA is debt free.
Reducing Debt: FAA has not had any debt for past 5 years.
Debt Coverage: FAA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FAA has no debt, therefore coverage of interest payments is not a concern.