Foncière Volta Balance Sheet Health
Financial Health criteria checks 2/6
Foncière Volta has a total shareholder equity of €120.7M and total debt of €96.1M, which brings its debt-to-equity ratio to 79.7%. Its total assets and total liabilities are €247.6M and €126.9M respectively. Foncière Volta's EBIT is €8.1M making its interest coverage ratio 1.8. It has cash and short-term investments of €8.1M.
Key information
79.7%
Debt to equity ratio
€96.14m
Debt
| Interest coverage ratio | 1.8x |
| Cash | €8.10m |
| Equity | €120.66m |
| Total liabilities | €126.90m |
| Total assets | €247.55m |
Recent financial health updates
Foncière Volta (EPA:SPEL) Has A Somewhat Strained Balance Sheet
Jun 15
Is Foncière Volta (EPA:SPEL) Using Too Much Debt?
Nov 30Recent updates
Foncière Volta (EPA:SPEL) Has A Somewhat Strained Balance Sheet
Jun 15The Foncière Volta (EPA:SPEL) Share Price Has Gained 114%, So Why Not Pay It Some Attention?
Feb 02
We're Not Counting On Foncière Volta (EPA:SPEL) To Sustain Its Statutory Profitability
Dec 28Is Foncière Volta (EPA:SPEL) Using Too Much Debt?
Nov 30Financial Position Analysis
Short Term Liabilities: SPEL's short term assets (€53.3M) exceed its short term liabilities (€22.9M).
Long Term Liabilities: SPEL's short term assets (€53.3M) do not cover its long term liabilities (€104.0M).
Debt to Equity History and Analysis
Debt Level: SPEL's net debt to equity ratio (73%) is considered high.
Reducing Debt: SPEL's debt to equity ratio has reduced from 116.3% to 79.7% over the past 5 years.
Debt Coverage: SPEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SPEL's interest payments on its debt are not well covered by EBIT (1.8x coverage).