Foto Volt Eko Energia Balance Sheet Health
Financial Health criteria checks 2/6
Foto Volt Eko Energia has a total shareholder equity of PLN1.0M and total debt of PLN495.7K, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are PLN2.6M and PLN1.6M respectively. Foto Volt Eko Energia's EBIT is PLN107.8K making its interest coverage ratio 6.5. It has cash and short-term investments of PLN383.0.
Key information
47.2%
Debt to equity ratio
zł495.71k
Debt
| Interest coverage ratio | 6.5x |
| Cash | zł383.00 |
| Equity | zł1.05m |
| Total liabilities | zł1.58m |
| Total assets | zł2.63m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FVE's short term assets (PLN2.2M) exceed its short term liabilities (PLN1.6M).
Long Term Liabilities: FVE's short term assets (PLN2.2M) exceed its long term liabilities (PLN27.1K).
Debt to Equity History and Analysis
Debt Level: FVE's net debt to equity ratio (47.2%) is considered high.
Reducing Debt: FVE's debt to equity ratio has increased from 0% to 47.2% 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: Insufficient data to determine if FVE has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if FVE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.