FastPassCorp Balance Sheet Health
Financial Health criteria checks 5/6
FastPassCorp has a total shareholder equity of DKK2.8M and total debt of DKK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are DKK13.9M and DKK11.1M respectively.
Key information
0%
Debt to equity ratio
kr.0
Debt
| Interest coverage ratio | n/a |
| Cash | kr.63.00k |
| Equity | kr.2.77m |
| Total liabilities | kr.11.09m |
| Total assets | kr.13.86m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FASTPC's short term assets (DKK2.8M) do not cover its short term liabilities (DKK10.5M).
Long Term Liabilities: FASTPC's short term assets (DKK2.8M) exceed its long term liabilities (DKK579.0K).
Debt to Equity History and Analysis
Debt Level: FASTPC is debt free.
Reducing Debt: FASTPC has not had any debt for past 5 years.
Debt Coverage: FASTPC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FASTPC has no debt, therefore coverage of interest payments is not a concern.