Formycon Balance Sheet Health
Financial Health criteria checks 5/6
Formycon has a total shareholder equity of €427.4M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €912.9M and €485.5M respectively.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | n/a |
| Cash | €36.87m |
| Equity | €427.42m |
| Total liabilities | €485.53m |
| Total assets | €912.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FYBD's short term assets (€83.4M) exceed its short term liabilities (€82.1M).
Long Term Liabilities: FYBD's short term assets (€83.4M) do not cover its long term liabilities (€403.4M).
Debt to Equity History and Analysis
Debt Level: FYBD is debt free.
Reducing Debt: FYBD had no debt 5 years ago.
Debt Coverage: FYBD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FYBD has no debt, therefore coverage of interest payments is not a concern.