FORTEC Elektronik Balance Sheet Health
Financial Health criteria checks 6/6
FORTEC Elektronik has a total shareholder equity of €57.8M and total debt of €1.3M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are €78.8M and €21.0M respectively. FORTEC Elektronik's EBIT is €7.0M making its interest coverage ratio -319.2. It has cash and short-term investments of €22.3M.
Key information
2.2%
Debt to equity ratio
€1.28m
Debt
| Interest coverage ratio | -319.2x |
| Cash | €22.26m |
| Equity | €57.76m |
| Total liabilities | €21.04m |
| Total assets | €78.80m |
Recent financial health updates
FORTEC Elektronik (ETR:FEV) Seems To Use Debt Rather Sparingly
May 25
Is 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 11
Shareholders 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 (€62.0M) exceed its short term liabilities (€15.3M).
Long Term Liabilities: FEV's short term assets (€62.0M) exceed its long term liabilities (€5.8M).
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 15.1% to 2.2% over the past 5 years.
Debt Coverage: FEV's debt is well covered by operating cash flow (1076.6%).
Interest Coverage: FEV earns more interest than it pays, so coverage of interest payments is not a concern.