Firstcaution Balance Sheet Health
Financial Health criteria checks 3/6
Firstcaution has a total shareholder equity of CHF7.8M and total debt of CHF1.5M, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are CHF54.7M and CHF46.9M respectively. Firstcaution's EBIT is CHF323.6K making its interest coverage ratio 1.6. It has cash and short-term investments of CHF23.1M.
Key information
19.2%
Debt to equity ratio
CHF 1.50m
Debt
| Interest coverage ratio | 1.6x |
| Cash | CHF 23.10m |
| Equity | CHF 7.79m |
| Total liabilities | CHF 46.88m |
| Total assets | CHF 54.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLFIR's short term assets (CHF27.3M) exceed its short term liabilities (CHF19.5M).
Long Term Liabilities: MLFIR's short term assets (CHF27.3M) do not cover its long term liabilities (CHF27.4M).
Debt to Equity History and Analysis
Debt Level: MLFIR has more cash than its total debt.
Reducing Debt: MLFIR's debt to equity ratio has increased from 0% to 19.2% over the past 5 years.
Debt Coverage: MLFIR's debt is well covered by operating cash flow (756%).
Interest Coverage: MLFIR's interest payments on its debt are not well covered by EBIT (1.6x coverage).