Financiera Credinka Balance Sheet Health
Financial Health criteria checks 3/6
Financiera Credinka has a total shareholder equity of PEN19.4M and total debt of PEN103.8M, which brings its debt-to-equity ratio to 535.5%. Its total assets and total liabilities are PEN581.9M and PEN562.5M respectively.
Key information
535.5%
Debt to equity ratio
S/103.77m
Debt
| Interest coverage ratio | n/a |
| Cash | S/88.41m |
| Equity | S/19.38m |
| Total liabilities | S/562.50m |
| Total assets | S/581.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FCREDIC1's short term assets (PEN400.7M) do not cover its short term liabilities (PEN418.9M).
Long Term Liabilities: FCREDIC1's short term assets (PEN400.7M) exceed its long term liabilities (PEN143.6M).
Debt to Equity History and Analysis
Debt Level: FCREDIC1's net debt to equity ratio (79.3%) is considered high.
Reducing Debt: FCREDIC1's debt to equity ratio has increased from 122.1% to 535.5% 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 3 years based on its current free cash flow.
Forecast Cash Runway: FCREDIC1 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 12.7% each year