Frequency Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Frequency Electronics has a total shareholder equity of $39.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $83.3M and $43.4M respectively. Frequency Electronics's EBIT is $5.0M making its interest coverage ratio -11.1. It has cash and short-term investments of $18.3M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -11.1x |
| Cash | US$18.32m |
| Equity | US$39.82m |
| Total liabilities | US$43.44m |
| Total assets | US$83.25m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 98K's short term assets ($58.1M) exceed its short term liabilities ($30.8M).
Long Term Liabilities: 98K's short term assets ($58.1M) exceed its long term liabilities ($12.6M).
Debt to Equity History and Analysis
Debt Level: 98K is debt free.
Reducing Debt: 98K had no debt 5 years ago.
Debt Coverage: 98K has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 98K has no debt, therefore coverage of interest payments is not a concern.