Formula One Group

NasdaqGS:FWON.K Stock Report

Market Cap: US$23.9b

Formula One Group Balance Sheet Health

Financial Health criteria checks 3/6

Formula One Group has a total shareholder equity of $7.1B and total debt of $4.6B, which brings its debt-to-equity ratio to 64.7%. Its total assets and total liabilities are $13.3B and $6.2B respectively. Formula One Group's EBIT is $230.0M making its interest coverage ratio 1.1. It has cash and short-term investments of $3.1B.

Key information

64.66%

Debt to equity ratio

US$4.56b

Debt

Interest coverage ratio1.1x
CashUS$3.15b
EquityUS$7.06b
Total liabilitiesUS$6.23b
Total assetsUS$13.29b

Recent financial health updates

Does Formula One Group (NASDAQ:FWON.K) Have A Healthy Balance Sheet?

Feb 24
Does Formula One Group (NASDAQ:FWON.K) Have A Healthy Balance Sheet?

Is Formula One Group (NASDAQ:FWON.K) A Risky Investment?

Oct 29
Is Formula One Group (NASDAQ:FWON.K) A Risky Investment?

Is Formula One Group (NASDAQ:FWON.K) A Risky Investment?

Jul 18
Is Formula One Group (NASDAQ:FWON.K) A Risky Investment?

Recent updates

Formula One Group's (NASDAQ:FWON.K) Business Is Trailing The Industry But Its Shares Aren't

May 04
Formula One Group's (NASDAQ:FWON.K) Business Is Trailing The Industry But Its Shares Aren't

Calculating The Fair Value Of Formula One Group (NASDAQ:FWON.K)

Mar 27
Calculating The Fair Value Of Formula One Group (NASDAQ:FWON.K)

Why Formula One Group (NASDAQ:FWON.K) Could Be Worth Watching

Mar 12
Why Formula One Group (NASDAQ:FWON.K) Could Be Worth Watching

Does Formula One Group (NASDAQ:FWON.K) Have A Healthy Balance Sheet?

Feb 24
Does Formula One Group (NASDAQ:FWON.K) Have A Healthy Balance Sheet?

Returns On Capital Are Showing Encouraging Signs At Formula One Group (NASDAQ:FWON.K)

Jan 28
Returns On Capital Are Showing Encouraging Signs At Formula One Group (NASDAQ:FWON.K)

Formula One Group's (NASDAQ:FWON.K) Shares May Have Run Too Fast Too Soon

Dec 17
Formula One Group's (NASDAQ:FWON.K) Shares May Have Run Too Fast Too Soon

Is Formula One Group (NASDAQ:FWON.K) Potentially Undervalued?

Nov 29
Is Formula One Group (NASDAQ:FWON.K) Potentially Undervalued?

Is Formula One Group (NASDAQ:FWON.K) A Risky Investment?

Oct 29
Is Formula One Group (NASDAQ:FWON.K) A Risky Investment?

Formula One Group (NASDAQ:FWON.K) Is Looking To Continue Growing Its Returns On Capital

Sep 12
Formula One Group (NASDAQ:FWON.K) Is Looking To Continue Growing Its Returns On Capital

What Is Formula One Group's (NASDAQ:FWON.K) Share Price Doing?

Aug 16
What Is Formula One Group's (NASDAQ:FWON.K) Share Price Doing?

Unpleasant Surprises Could Be In Store For Formula One Group's (NASDAQ:FWON.K) Shares

Jul 31
Unpleasant Surprises Could Be In Store For Formula One Group's (NASDAQ:FWON.K) Shares

Is Formula One Group (NASDAQ:FWON.K) A Risky Investment?

Jul 18
Is Formula One Group (NASDAQ:FWON.K) A Risky Investment?

Calculating The Fair Value Of Formula One Group (NASDAQ:FWON.K)

Jun 20
Calculating The Fair Value Of Formula One Group (NASDAQ:FWON.K)

Financial Position Analysis

Short Term Liabilities: FWON.K's short term assets ($3.7B) exceed its short term liabilities ($1.4B).

Long Term Liabilities: FWON.K's short term assets ($3.7B) do not cover its long term liabilities ($4.8B).

Debt to Equity History and Analysis

Debt Level: FWON.K's net debt to equity ratio (20.1%) is considered satisfactory.

Reducing Debt: FWON.K's debt to equity ratio has reduced from 107.6% to 64.7% over the past 5 years.

Debt Coverage: FWON.K's debt is not well covered by operating cash flow (12.1%).

Interest Coverage: FWON.K's interest payments on its debt are not well covered by EBIT (1.1x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/16 14:35
End of Day Share Price 2025/05/16 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Formula One Group is covered by 29 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alex PoundArete Research Services LLP
David JoyceBarclays
Matthew HarriganBenchmark Company