Friulchem Balance Sheet Health
Financial Health criteria checks 1/6
Friulchem has a total shareholder equity of €10.4M and total debt of €14.1M, which brings its debt-to-equity ratio to 135.8%. Its total assets and total liabilities are €39.4M and €29.0M respectively. Friulchem's EBIT is €831.8K making its interest coverage ratio 0.8. It has cash and short-term investments of €2.2M.
Key information
135.8%
Debt to equity ratio
€14.14m
Debt
| Interest coverage ratio | 0.8x |
| Cash | €2.18m |
| Equity | €10.41m |
| Total liabilities | €29.02m |
| Total assets | €39.43m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FCM's short term assets (€17.5M) do not cover its short term liabilities (€17.9M).
Long Term Liabilities: FCM's short term assets (€17.5M) exceed its long term liabilities (€11.1M).
Debt to Equity History and Analysis
Debt Level: FCM's net debt to equity ratio (114.8%) is considered high.
Reducing Debt: FCM's debt to equity ratio has increased from 60.7% to 135.8% 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 FCM has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if FCM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.