Fermentalg Balance Sheet Health
Financial Health criteria checks 5/6
Fermentalg has a total shareholder equity of €47.0M and total debt of €9.6M, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are €60.9M and €13.9M respectively.
Key information
20.4%
Debt to equity ratio
€9.61m
Debt
Interest coverage ratio | n/a |
Cash | €26.01m |
Equity | €47.00m |
Total liabilities | €13.87m |
Total assets | €60.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FALGP's short term assets (€33.7M) exceed its short term liabilities (€4.3M).
Long Term Liabilities: FALGP's short term assets (€33.7M) exceed its long term liabilities (€9.6M).
Debt to Equity History and Analysis
Debt Level: FALGP has more cash than its total debt.
Reducing Debt: FALGP's debt to equity ratio has increased from 9.2% to 20.4% 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: FALGP has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: FALGP has sufficient cash runway for 1.9 years if free cash flow continues to grow at historical rates of 4.1% each year.