Franchetti Balance Sheet Health
Financial Health criteria checks 4/6
Franchetti has a total shareholder equity of €6.6M and total debt of €3.0M, which brings its debt-to-equity ratio to 46.1%. Its total assets and total liabilities are €12.9M and €6.3M respectively. Franchetti's EBIT is €2.0M making its interest coverage ratio 13.2. It has cash and short-term investments of €2.6M.
Key information
46.1%
Debt to equity ratio
€3.02m
Debt
Interest coverage ratio | 13.2x |
Cash | €2.60m |
Equity | €6.55m |
Total liabilities | €6.30m |
Total assets | €12.85m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FCH's short term assets (€10.4M) exceed its short term liabilities (€5.4M).
Long Term Liabilities: FCH's short term assets (€10.4M) exceed its long term liabilities (€915.5K).
Debt to Equity History and Analysis
Debt Level: FCH's net debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if FCH's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: FCH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FCH's interest payments on its debt are well covered by EBIT (13.2x coverage).