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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 16:46 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Frendy Energy S.p.A. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Antonio Tognoli | Integrae SPA |