FIPP Balance Sheet Health
Financial Health criteria checks 4/6
FIPP has a total shareholder equity of €55.2M and total debt of €2.8M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are €80.6M and €25.4M respectively.
Key information
5.0%
Debt to equity ratio
€2.78m
Debt
| Interest coverage ratio | n/a |
| Cash | €633.00k |
| Equity | €55.21m |
| Total liabilities | €25.42m |
| Total assets | €80.63m |
Recent financial health updates
Is FIPP (EPA:FIPP) A Risky Investment?
Jun 18
Is FIPP (EPA:FIPP) A Risky Investment?
Oct 08Does FIPP (EPA:FIPP) Have A Healthy Balance Sheet?
Jun 11Is FIPP (EPA:FIPP) Using Too Much Debt?
Oct 27Is FIPP (EPA:FIPP) Weighed On By Its Debt Load?
Jun 12Health Check: How Prudently Does FIPP (EPA:FIPP) Use Debt?
Dec 07
Recent updates
Is FIPP (EPA:FIPP) A Risky Investment?
Jun 18Is FIPP (EPA:FIPP) A Risky Investment?
Oct 08Does FIPP (EPA:FIPP) Have A Healthy Balance Sheet?
Jun 11Is FIPP (EPA:FIPP) Using Too Much Debt?
Oct 27Is FIPP (EPA:FIPP) Weighed On By Its Debt Load?
Jun 12Health Check: How Prudently Does FIPP (EPA:FIPP) Use Debt?
Dec 07Financial Position Analysis
Short Term Liabilities: FIPP's short term assets (€2.5M) do not cover its short term liabilities (€21.2M).
Long Term Liabilities: FIPP's short term assets (€2.5M) do not cover its long term liabilities (€4.3M).
Debt to Equity History and Analysis
Debt Level: FIPP's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: FIPP's debt to equity ratio has reduced from 27.1% to 5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable FIPP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FIPP is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 6% per year.