FOM Technologies Balance Sheet Health
Financial Health criteria checks 5/6
FOM Technologies has a total shareholder equity of DKK73.1M and total debt of DKK301.9K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are DKK99.9M and DKK26.8M respectively. FOM Technologies's EBIT is DKK1.3M making its interest coverage ratio 5.3. It has cash and short-term investments of DKK48.0M.
Key information
0.4%
Debt to equity ratio
kr.301.92k
Debt
| Interest coverage ratio | 5.3x |
| Cash | kr.48.04m |
| Equity | kr.73.15m |
| Total liabilities | kr.26.77m |
| Total assets | kr.99.92m |
Financial Position Analysis
Short Term Liabilities: FOM's short term assets (DKK87.5M) exceed its short term liabilities (DKK18.2M).
Long Term Liabilities: FOM's short term assets (DKK87.5M) exceed its long term liabilities (DKK8.6M).
Debt to Equity History and Analysis
Debt Level: FOM has more cash than its total debt.
Reducing Debt: FOM's debt to equity ratio has reduced from 32.7% to 0.4% over the past 5 years.
Debt Coverage: FOM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FOM's interest payments on its debt are well covered by EBIT (5.3x coverage).