S.C. Foraj Sonde Balance Sheet Health
Financial Health criteria checks 5/6
S.C. Foraj Sonde has a total shareholder equity of RON65.5M and total debt of RON0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are RON135.6M and RON70.1M respectively. S.C. Foraj Sonde's EBIT is RON19.7M making its interest coverage ratio -94.2. It has cash and short-term investments of RON589.1K.
Key information
0%
Debt to equity ratio
RON 0
Debt
| Interest coverage ratio | -94.2x |
| Cash | RON 589.10k |
| Equity | RON 65.52m |
| Total liabilities | RON 70.11m |
| Total assets | RON 135.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FOJE's short term assets (RON49.3M) exceed its short term liabilities (RON20.0M).
Long Term Liabilities: FOJE's short term assets (RON49.3M) do not cover its long term liabilities (RON50.2M).
Debt to Equity History and Analysis
Debt Level: FOJE is debt free.
Reducing Debt: FOJE has no debt compared to 5 years ago when its debt to equity ratio was 27.1%.
Debt Coverage: FOJE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FOJE has no debt, therefore coverage of interest payments is not a concern.