BIFIRE Balance Sheet Health
Financial Health criteria checks 5/6
BIFIRE has a total shareholder equity of €38.5M and total debt of €6.1M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are €55.7M and €17.2M respectively. BIFIRE's EBIT is €10.5M making its interest coverage ratio 52.2. It has cash and short-term investments of €7.6M.
Key information
15.9%
Debt to equity ratio
€6.13m
Debt
| Interest coverage ratio | 52.2x |
| Cash | €7.55m |
| Equity | €38.51m |
| Total liabilities | €17.18m |
| Total assets | €55.68m |
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 (€33.2M) exceed its short term liabilities (€11.7M).
Long Term Liabilities: FIRE's short term assets (€33.2M) exceed its long term liabilities (€5.5M).
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 (92.8%).
Interest Coverage: FIRE's interest payments on its debt are well covered by EBIT (52.2x coverage).