First Capital Balance Sheet Health
Financial Health criteria checks 2/6
First Capital has a total shareholder equity of €77.2M and total debt of €32.3M, which brings its debt-to-equity ratio to 41.8%. Its total assets and total liabilities are €111.2M and €34.0M respectively. First Capital's EBIT is €374.2K making its interest coverage ratio 0.2. It has cash and short-term investments of €10.0M.
Key information
41.8%
Debt to equity ratio
€32.30m
Debt
Interest coverage ratio | 0.2x |
Cash | €9.96m |
Equity | €77.18m |
Total liabilities | €33.98m |
Total assets | €111.17m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FIC's short term assets (€10.3M) exceed its short term liabilities (€1.0M).
Long Term Liabilities: FIC's short term assets (€10.3M) do not cover its long term liabilities (€33.0M).
Debt to Equity History and Analysis
Debt Level: FIC's net debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: FIC's debt to equity ratio has increased from 13.7% to 41.8% over the past 5 years.
Debt Coverage: FIC's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: FIC's interest payments on its debt are not well covered by EBIT (0.2x coverage).