FORTEC Elektronik Balance Sheet Health
Financial Health criteria checks 6/6
FORTEC Elektronik has a total shareholder equity of €57.5M and total debt of €1.2M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are €75.8M and €18.4M respectively. FORTEC Elektronik's EBIT is €3.6M making its interest coverage ratio -32.8. It has cash and short-term investments of €22.1M.
Key information
2.1%
Debt to equity ratio
€1.19m
Debt
Interest coverage ratio | -32.8x |
Cash | €22.11m |
Equity | €57.46m |
Total liabilities | €18.35m |
Total assets | €75.81m |
Recent financial health updates
FORTEC Elektronik (ETR:FEV) Seems To Use Debt Rather Sparingly
May 25Is FORTEC Elektronik (ETR:FEV) Using Too Much Debt?
Jan 06These 4 Measures Indicate That FORTEC Elektronik (ETR:FEV) Is Using Debt Safely
Mar 10FORTEC Elektronik (ETR:FEV) Has A Pretty Healthy Balance Sheet
Jun 11Here's Why FORTEC Elektronik (ETR:FEV) Can Manage Its Debt Responsibly
Mar 10Recent updates
FORTEC Elektronik's (ETR:FEV) Soft Earnings Don't Show The Whole Picture
Nov 05FORTEC Elektronik (ETR:FEV) Seems To Use Debt Rather Sparingly
May 25Solid Earnings Reflect FORTEC Elektronik's (ETR:FEV) Strength As A Business
Apr 04Is FORTEC Elektronik (ETR:FEV) Using Too Much Debt?
Jan 06Should You Think About Buying FORTEC Elektronik AG (ETR:FEV) Now?
Nov 17FORTEC Elektronik's (ETR:FEV) Returns Have Hit A Wall
Apr 13These 4 Measures Indicate That FORTEC Elektronik (ETR:FEV) Is Using Debt Safely
Mar 10FORTEC Elektronik (ETR:FEV) Has A Pretty Healthy Balance Sheet
Jun 11Here's What To Make Of FORTEC Elektronik's (ETR:FEV) Decelerating Rates Of Return
May 24At €17.60, Is It Time To Put FORTEC Elektronik AG (ETR:FEV) On Your Watch List?
Apr 30Here's Why FORTEC Elektronik (ETR:FEV) Can Manage Its Debt Responsibly
Mar 10Will FORTEC Elektronik (ETR:FEV) Multiply In Value Going Forward?
Feb 22FORTEC Elektronik AG (ETR:FEV) Looks Interesting, And It's About To Pay A Dividend
Feb 07Does FORTEC Elektronik AG (ETR:FEV) Have A Place In Your Dividend Portfolio?
Jan 25Why FORTEC Elektronik AG (ETR:FEV) Could Be Worth Watching
Jan 11Shareholders Of FORTEC Elektronik (ETR:FEV) Must Be Happy With Their 44% Return
Dec 27Is FORTEC Elektronik AG's (ETR:FEV) Latest Stock Performance A Reflection Of Its Financial Health?
Dec 11Here's Why We Don't Think FORTEC Elektronik's (ETR:FEV) Statutory Earnings Reflect Its Underlying Earnings Potential
Nov 26Financial Position Analysis
Short Term Liabilities: FEV's short term assets (€59.4M) exceed its short term liabilities (€12.9M).
Long Term Liabilities: FEV's short term assets (€59.4M) exceed its long term liabilities (€5.5M).
Debt to Equity History and Analysis
Debt Level: FEV has more cash than its total debt.
Reducing Debt: FEV's debt to equity ratio has reduced from 13.3% to 2.1% over the past 5 years.
Debt Coverage: FEV's debt is well covered by operating cash flow (1151.4%).
Interest Coverage: FEV earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/22 07:00 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
FORTEC Elektronik AG is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Patrick Speck | Montega AG |
Ulf van Lengerich | Solventis Wertpapierhandelsbank GmbH |