Fope Balance Sheet Health
Financial Health criteria checks 6/6
Fope has a total shareholder equity of €40.1M and total debt of €11.3M, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are €60.2M and €20.1M respectively. Fope's EBIT is €14.7M making its interest coverage ratio 27.8. It has cash and short-term investments of €11.3M.
Key information
28.3%
Debt to equity ratio
€11.35m
Debt
Interest coverage ratio | 27.8x |
Cash | €11.26m |
Equity | €40.05m |
Total liabilities | €20.11m |
Total assets | €60.16m |
Recent financial health updates
Recent updates
Fope's (BIT:FPE) Problems Go Beyond Weak Profit
Apr 16We Like Fope's (BIT:FPE) Returns And Here's How They're Trending
Feb 06We Think Fope (BIT:FPE) Can Stay On Top Of Its Debt
Nov 23Why The 39% Return On Capital At Fope (BIT:FPE) Should Have Your Attention
Oct 05New Forecasts: Here's What Analysts Think The Future Holds For Fope S.p.A. (BIT:FPE)
Sep 24A Look At The Intrinsic Value Of Fope S.p.A. (BIT:FPE)
Jul 01We Think Fope (BIT:FPE) Might Have The DNA Of A Multi-Bagger
Jun 10Financial Position Analysis
Short Term Liabilities: FPE's short term assets (€44.9M) exceed its short term liabilities (€12.1M).
Long Term Liabilities: FPE's short term assets (€44.9M) exceed its long term liabilities (€8.0M).
Debt to Equity History and Analysis
Debt Level: FPE's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: FPE's debt to equity ratio has reduced from 50.9% to 28.3% over the past 5 years.
Debt Coverage: FPE's debt is well covered by operating cash flow (51.5%).
Interest Coverage: FPE's interest payments on its debt are well covered by EBIT (27.8x coverage).