FMC Balance Sheet Health
Financial Health criteria checks 3/6
FMC has a total shareholder equity of $4.3B and total debt of $4.3B, which brings its debt-to-equity ratio to 100.1%. Its total assets and total liabilities are $12.0B and $7.6B respectively. FMC's EBIT is $477.1M making its interest coverage ratio 1.9. It has cash and short-term investments of $420.5M.
Key information
100.1%
Debt to equity ratio
US$4.34b
Debt
Interest coverage ratio | 1.9x |
Cash | US$420.50m |
Equity | US$4.33b |
Total liabilities | US$7.65b |
Total assets | US$11.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: F1MC34's short term assets ($5.2B) exceed its short term liabilities ($3.6B).
Long Term Liabilities: F1MC34's short term assets ($5.2B) exceed its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: F1MC34's net debt to equity ratio (90.4%) is considered high.
Reducing Debt: F1MC34's debt to equity ratio has reduced from 112.7% to 100.1% over the past 5 years.
Debt Coverage: F1MC34's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: F1MC34's interest payments on its debt are not well covered by EBIT (1.9x coverage).