Formycon Balance Sheet Health
Financial Health criteria checks 5/6
Formycon has a total shareholder equity of €576.3M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €947.8M and €371.5M respectively.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | n/a |
| Cash | €40.62m |
| Equity | €576.30m |
| Total liabilities | €371.48m |
| Total assets | €947.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0W4N's short term assets (€95.9M) exceed its short term liabilities (€45.6M).
Long Term Liabilities: 0W4N's short term assets (€95.9M) do not cover its long term liabilities (€325.9M).
Debt to Equity History and Analysis
Debt Level: 0W4N is debt free.
Reducing Debt: 0W4N had no debt 5 years ago.
Debt Coverage: 0W4N has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0W4N has no debt, therefore coverage of interest payments is not a concern.