Financiera Credinka Balance Sheet Health
Financial Health criteria checks 4/6
Financiera Credinka has a total shareholder equity of PEN35.3M and total debt of PEN98.4M, which brings its debt-to-equity ratio to 278.6%. Its total assets and total liabilities are PEN648.8M and PEN613.4M respectively.
Key information
278.6%
Debt to equity ratio
S/98.44m
Debt
| Interest coverage ratio | n/a |
| Cash | S/85.13m |
| Equity | S/35.33m |
| Total liabilities | S/613.43m |
| Total assets | S/648.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FCREDIC1's short term assets (PEN466.1M) do not cover its short term liabilities (PEN476.3M).
Long Term Liabilities: FCREDIC1's short term assets (PEN466.1M) exceed its long term liabilities (PEN137.2M).
Debt to Equity History and Analysis
Debt Level: FCREDIC1's net debt to equity ratio (37.7%) is considered satisfactory.
Reducing Debt: FCREDIC1's debt to equity ratio has increased from 149.1% to 278.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FCREDIC1 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: FCREDIC1 has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 8.9% each year.