Fenix Entertainment Balance Sheet Health
Financial Health criteria checks 1/6
Fenix Entertainment has a total shareholder equity of €5.2M and total debt of €18.4M, which brings its debt-to-equity ratio to 353.5%. Its total assets and total liabilities are €48.1M and €42.9M respectively.
Key information
353.5%
Debt to equity ratio
€18.40m
Debt
Interest coverage ratio | n/a |
Cash | €999.69k |
Equity | €5.21m |
Total liabilities | €42.86m |
Total assets | €48.07m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FNX's short term assets (€15.3M) do not cover its short term liabilities (€33.1M).
Long Term Liabilities: FNX's short term assets (€15.3M) exceed its long term liabilities (€9.8M).
Debt to Equity History and Analysis
Debt Level: FNX's net debt to equity ratio (334.3%) is considered high.
Reducing Debt: Insufficient data to determine if FNX's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if FNX has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if FNX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.