Fabryki Mebli FORTE Balance Sheet Health
Financial Health criteria checks 5/6
Fabryki Mebli FORTE has a total shareholder equity of PLN882.0M and total debt of PLN381.9M, which brings its debt-to-equity ratio to 43.3%. Its total assets and total liabilities are PLN1.5B and PLN614.1M respectively. Fabryki Mebli FORTE's EBIT is PLN48.9M making its interest coverage ratio 4.1. It has cash and short-term investments of PLN29.3M.
Key information
43.3%
Debt to equity ratio
zł381.92m
Debt
| Interest coverage ratio | 4.1x |
| Cash | zł29.34m |
| Equity | zł882.00m |
| Total liabilities | zł614.11m |
| Total assets | zł1.50b |
Recent financial health updates
Fabryki Mebli FORTE (WSE:FTE) Takes On Some Risk With Its Use Of Debt
Nov 23
Here's Why Fabryki Mebli FORTE (WSE:FTE) Can Manage Its Debt Responsibly
May 19These 4 Measures Indicate That Fabryki Mebli FORTE (WSE:FTE) Is Using Debt Reasonably Well
Feb 13Recent updates
Fabryki Mebli FORTE's (WSE:FTE) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Nov 29Are Investors Undervaluing Fabryki Mebli FORTE S.A. (WSE:FTE) By 29%?
Oct 26Fabryki Mebli FORTE (WSE:FTE) Takes On Some Risk With Its Use Of Debt
Nov 23Here's What To Make Of Fabryki Mebli FORTE's (WSE:FTE) Decelerating Rates Of Return
Oct 28Is Now The Time To Look At Buying Fabryki Mebli FORTE S.A. (WSE:FTE)?
Sep 30Returns At Fabryki Mebli FORTE (WSE:FTE) Appear To Be Weighed Down
Jul 07What Is Fabryki Mebli FORTE S.A.'s (WSE:FTE) Share Price Doing?
May 13Fabryki Mebli FORTE (WSE:FTE) Has Some Way To Go To Become A Multi-Bagger
Feb 25Is Now An Opportune Moment To Examine Fabryki Mebli FORTE S.A. (WSE:FTE)?
Jan 12Fabryki Mebli FORTE S.A.'s (WSE:FTE) Intrinsic Value Is Potentially 77% Above Its Share Price
Dec 18Fabryki Mebli FORTE's (WSE:FTE) Returns On Capital Not Reflecting Well On The Business
Jun 03Here's Why Fabryki Mebli FORTE (WSE:FTE) Can Manage Its Debt Responsibly
May 19What Does Fabryki Mebli FORTE S.A.'s (WSE:FTE) Share Price Indicate?
May 04What You Need To Know About Fabryki Mebli FORTE S.A.'s (WSE:FTE) Investor Composition
Mar 11The Trends At Fabryki Mebli FORTE (WSE:FTE) That You Should Know About
Feb 26These 4 Measures Indicate That Fabryki Mebli FORTE (WSE:FTE) Is Using Debt Reasonably Well
Feb 13At zł44.60, Is It Time To Put Fabryki Mebli FORTE S.A. (WSE:FTE) On Your Watch List?
Jan 31
A Look At The Intrinsic Value Of Fabryki Mebli FORTE S.A. (WSE:FTE)
Jan 17Fabryki Mebli FORTE S.A.'s (WSE:FTE) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Jan 04How Much Did Fabryki Mebli FORTE's(WSE:FTE) Shareholders Earn From Share Price Movements Over The Last Five Years?
Dec 22What Type Of Shareholders Make Up Fabryki Mebli FORTE S.A.'s (WSE:FTE) Share Registry?
Dec 08Here's What To Make Of Fabryki Mebli FORTE's (WSE:FTE) Returns On Capital
Nov 25Financial Position Analysis
Short Term Liabilities: FTE's short term assets (PLN490.2M) exceed its short term liabilities (PLN329.9M).
Long Term Liabilities: FTE's short term assets (PLN490.2M) exceed its long term liabilities (PLN284.2M).
Debt to Equity History and Analysis
Debt Level: FTE's net debt to equity ratio (40%) is considered satisfactory.
Reducing Debt: FTE's debt to equity ratio has reduced from 100.5% to 43.3% over the past 5 years.
Debt Coverage: FTE's debt is not well covered by operating cash flow (7%).
Interest Coverage: FTE's interest payments on its debt are well covered by EBIT (4.1x coverage).