Biofactory Balance Sheet Health
Financial Health criteria checks 3/6
Biofactory has a total shareholder equity of PLN5.9M and total debt of PLN4.6M, which brings its debt-to-equity ratio to 76.7%. Its total assets and total liabilities are PLN13.3M and PLN7.3M respectively. Biofactory's EBIT is PLN99.6K making its interest coverage ratio 0.2. It has cash and short-term investments of PLN26.5K.
Key information
76.7%
Debt to equity ratio
zł4.56m
Debt
| Interest coverage ratio | 0.2x |
| Cash | zł26.52k |
| Equity | zł5.95m |
| Total liabilities | zł7.32m |
| Total assets | zł13.26m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BFC's short term assets (PLN4.8M) exceed its short term liabilities (PLN2.7M).
Long Term Liabilities: BFC's short term assets (PLN4.8M) exceed its long term liabilities (PLN4.6M).
Debt to Equity History and Analysis
Debt Level: BFC's net debt to equity ratio (76.2%) is considered high.
Reducing Debt: BFC's debt to equity ratio has reduced from 124.2% to 76.7% over the past 5 years.
Debt Coverage: BFC's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: BFC's interest payments on its debt are not well covered by EBIT (0.2x coverage).