BIFIRE Balance Sheet Health
Financial Health criteria checks 5/6
BIFIRE has a total shareholder equity of €38.3M and total debt of €5.7M, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are €55.0M and €16.7M respectively. BIFIRE's EBIT is €9.2M making its interest coverage ratio 45.5. It has cash and short-term investments of €10.8M.
Key information
15.0%
Debt to equity ratio
€5.74m
Debt
| Interest coverage ratio | 45.5x |
| Cash | €10.81m |
| Equity | €38.28m |
| Total liabilities | €16.68m |
| Total assets | €54.96m |
Recent financial health updates
No updates
Recent updates
There May Be Underlying Issues With The Quality Of BIFIRE's (BIT:FIRE) Earnings
Apr 21
Return Trends At BIFIRE (BIT:FIRE) Aren't Appealing
Nov 08BIFIRE's (BIT:FIRE) Solid Earnings May Rest On Weak Foundations
Oct 04BIFIRE S.p.A.'s (BIT:FIRE) Intrinsic Value Is Potentially 49% Above Its Share Price
Jul 04Financial Position Analysis
Short Term Liabilities: FIRE's short term assets (€31.9M) exceed its short term liabilities (€11.5M).
Long Term Liabilities: FIRE's short term assets (€31.9M) exceed its long term liabilities (€5.2M).
Debt to Equity History and Analysis
Debt Level: FIRE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if FIRE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: FIRE's debt is well covered by operating cash flow (168.6%).
Interest Coverage: FIRE's interest payments on its debt are well covered by EBIT (45.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 13:46 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
BIFIRE S.p.A. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Giuseppe Marsella | Alantra Capital Markets Research |
| Andrea Zampaloni | Alantra Capital Markets Research |