Forsee Power Société anonyme Balance Sheet Health
Financial Health criteria checks 6/6
Forsee Power Société anonyme has a total shareholder equity of €71.0M and total debt of €42.3M, which brings its debt-to-equity ratio to 59.6%. Its total assets and total liabilities are €176.9M and €106.0M respectively.
Key information
59.6%
Debt to equity ratio
€42.27m
Debt
| Interest coverage ratio | n/a |
| Cash | €46.65m |
| Equity | €70.98m |
| Total liabilities | €105.96m |
| Total assets | €176.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FORSEP's short term assets (€124.9M) exceed its short term liabilities (€39.1M).
Long Term Liabilities: FORSEP's short term assets (€124.9M) exceed its long term liabilities (€66.8M).
Debt to Equity History and Analysis
Debt Level: FORSEP has more cash than its total debt.
Reducing Debt: FORSEP's debt to equity ratio has reduced from 259.3% to 59.6% 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: FORSEP has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: FORSEP has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 12.7% each year