FIPP Balance Sheet Health
Financial Health criteria checks 5/6
FIPP has a total shareholder equity of €64.0M and total debt of €9.8M, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are €94.4M and €30.4M respectively.
Key information
15.3%
Debt to equity ratio
€9.79m
Debt
| Interest coverage ratio | n/a |
| Cash | €8.94m |
| Equity | €63.99m |
| Total liabilities | €30.37m |
| Total assets | €94.36m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: FIPPP's short term assets (€12.1M) do not cover its short term liabilities (€28.9M).
Long Term Liabilities: FIPPP's short term assets (€12.1M) exceed its long term liabilities (€1.4M).
Debt to Equity History and Analysis
Debt Level: FIPPP's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: FIPPP's debt to equity ratio has reduced from 43.2% to 15.3% 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: FIPPP has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: FIPPP has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 43% each year