Frendy Energy Balance Sheet Health
Financial Health criteria checks 6/6
Frendy Energy has a total shareholder equity of €12.3M and total debt of €1.1M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are €14.3M and €1.9M respectively. Frendy Energy's EBIT is €515.0K making its interest coverage ratio -7.1. It has cash and short-term investments of €316.0K.
Key information
8.6%
Debt to equity ratio
€1.07m
Debt
| Interest coverage ratio | -7.1x |
| Cash | €316.00k |
| Equity | €12.34m |
| Total liabilities | €1.93m |
| Total assets | €14.27m |
Recent financial health updates
Recent updates
Returns Are Gaining Momentum At Frendy Energy (BIT:FRE)
Sep 27
Does Frendy Energy (BIT:FDE) Have A Healthy Balance Sheet?
May 19Frendy Energy S.p.A. (BIT:FDE) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?
Feb 09
A Look At The Intrinsic Value Of Frendy Energy S.p.A. (BIT:FDE)
Nov 20Financial Position Analysis
Short Term Liabilities: FRE's short term assets (€6.3M) exceed its short term liabilities (€492.0K).
Long Term Liabilities: FRE's short term assets (€6.3M) exceed its long term liabilities (€1.4M).
Debt to Equity History and Analysis
Debt Level: FRE's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: FRE's debt to equity ratio has reduced from 12.9% to 8.6% over the past 5 years.
Debt Coverage: FRE's debt is well covered by operating cash flow (114.1%).
Interest Coverage: FRE earns more interest than it pays, so coverage of interest payments is not a concern.