Biofactory Balance Sheet Health
Financial Health criteria checks 3/6
Biofactory has a total shareholder equity of PLN6.1M and total debt of PLN4.8M, which brings its debt-to-equity ratio to 78.3%. Its total assets and total liabilities are PLN13.2M and PLN7.2M respectively. Biofactory's EBIT is PLN306.2K making its interest coverage ratio 0.6. It has cash and short-term investments of PLN150.9K.
Key information
78.3%
Debt to equity ratio
zł4.77m
Debt
Interest coverage ratio | 0.6x |
Cash | zł150.86k |
Equity | zł6.09m |
Total liabilities | zł7.15m |
Total assets | zł13.24m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BFC's short term assets (PLN4.8M) exceed its short term liabilities (PLN2.9M).
Long Term Liabilities: BFC's short term assets (PLN4.8M) exceed its long term liabilities (PLN4.3M).
Debt to Equity History and Analysis
Debt Level: BFC's net debt to equity ratio (75.9%) is considered high.
Reducing Debt: BFC's debt to equity ratio has reduced from 123.6% to 78.3% over the past 5 years.
Debt Coverage: BFC's debt is not well covered by operating cash flow (17.5%).
Interest Coverage: BFC's interest payments on its debt are not well covered by EBIT (0.6x coverage).