FACC Balance Sheet Health
Financial Health criteria checks 2/6
FACC has a total shareholder equity of €200.5M and total debt of €223.6M, which brings its debt-to-equity ratio to 111.5%. Its total assets and total liabilities are €649.8M and €449.4M respectively. FACC's EBIT is €6.3M making its interest coverage ratio 0.4. It has cash and short-term investments of €41.0M.
Key information
111.5%
Debt to equity ratio
€223.55m
Debt
| Interest coverage ratio | 0.4x |
| Cash | €40.98m |
| Equity | €200.49m |
| Total liabilities | €449.36m |
| Total assets | €649.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FACCV's short term assets (€350.3M) exceed its short term liabilities (€259.9M).
Long Term Liabilities: FACCV's short term assets (€350.3M) exceed its long term liabilities (€189.4M).
Debt to Equity History and Analysis
Debt Level: FACCV's net debt to equity ratio (91.1%) is considered high.
Reducing Debt: FACCV's debt to equity ratio has increased from 81.9% to 111.5% over the past 5 years.
Debt Coverage: FACCV's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: FACCV's interest payments on its debt are not well covered by EBIT (0.4x coverage).