Investment Friends Balance Sheet Health
Financial Health criteria checks 6/6
Investment Friends has a total shareholder equity of €1.4M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €1.5M and €47.0K respectively. Investment Friends's EBIT is €19.0K making its interest coverage ratio 9.5. It has cash and short-term investments of €40.0K.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 9.5x |
| Cash | €40.00k |
| Equity | €1.43m |
| Total liabilities | €47.00k |
| Total assets | €1.47m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: IFR's short term assets (€1.5M) exceed its short term liabilities (€47.0K).
Long Term Liabilities: IFR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: IFR is debt free.
Reducing Debt: IFR had no debt 5 years ago.
Debt Coverage: IFR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IFR has no debt, therefore coverage of interest payments is not a concern.