Fos Balance Sheet Health
Financial Health criteria checks 5/6
Fos has a total shareholder equity of €12.4M and total debt of €10.8M, which brings its debt-to-equity ratio to 86.9%. Its total assets and total liabilities are €35.8M and €23.4M respectively. Fos's EBIT is €2.2M making its interest coverage ratio 8.9. It has cash and short-term investments of €9.9M.
Key information
86.9%
Debt to equity ratio
€10.77m
Debt
| Interest coverage ratio | 8.9x |
| Cash | €9.93m |
| Equity | €12.39m |
| Total liabilities | €23.39m |
| Total assets | €35.78m |
Recent financial health updates
Recent updates
Fos (BIT:FOS) Has A Pretty Healthy Balance Sheet
Jun 01
Returns On Capital Signal Tricky Times Ahead For Fos (BIT:FOS)
Mar 23With EPS Growth And More, Fos (BIT:FOS) Is Interesting
May 10Will Fos (BIT:FOS) Multiply In Value Going Forward?
Mar 18We're Not Counting On Fos (BIT:FOS) To Sustain Its Statutory Profitability
Feb 11Fos S.p.A. (BIT:FOS) Has A ROE Of 10%
Dec 30The Trends At Fos (BIT:FOS) That You Should Know About
Dec 03Financial Position Analysis
Short Term Liabilities: FOS's short term assets (€24.4M) exceed its short term liabilities (€11.3M).
Long Term Liabilities: FOS's short term assets (€24.4M) exceed its long term liabilities (€12.1M).
Debt to Equity History and Analysis
Debt Level: FOS's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: FOS's debt to equity ratio has reduced from 195.5% to 86.9% over the past 5 years.
Debt Coverage: FOS's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: FOS's interest payments on its debt are well covered by EBIT (8.9x coverage).