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).