FAE Technology Balance Sheet Health
Financial Health criteria checks 4/6
FAE Technology has a total shareholder equity of €18.2M and total debt of €13.1M, which brings its debt-to-equity ratio to 72.1%. Its total assets and total liabilities are €54.4M and €36.2M respectively. FAE Technology's EBIT is €6.4M making its interest coverage ratio 16. It has cash and short-term investments of €6.0M.
Key information
72.1%
Debt to equity ratio
€13.12m
Debt
| Interest coverage ratio | 16x |
| Cash | €5.98m |
| Equity | €18.19m |
| Total liabilities | €36.17m |
| Total assets | €54.36m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FAE's short term assets (€43.2M) exceed its short term liabilities (€29.3M).
Long Term Liabilities: FAE's short term assets (€43.2M) exceed its long term liabilities (€6.9M).
Debt to Equity History and Analysis
Debt Level: FAE's net debt to equity ratio (39.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if FAE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Insufficient data to determine if FAE's debt is well covered by operating cash flow.
Interest Coverage: FAE's interest payments on its debt are well covered by EBIT (16x coverage).