TechnipFMC Balance Sheet Health
Financial Health criteria checks 6/6
TechnipFMC has a total shareholder equity of $3.3B and total debt of $966.7M, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are $9.7B and $6.4B respectively. TechnipFMC's EBIT is $974.6M making its interest coverage ratio 9.2. It has cash and short-term investments of $862.8M.
Key information
29.3%
Debt to equity ratio
US$966.70m
Debt
| Interest coverage ratio | 9.2x |
| Cash | US$862.80m |
| Equity | US$3.30b |
| Total liabilities | US$6.42b |
| Total assets | US$9.72b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FTI's short term assets ($5.2B) exceed its short term liabilities ($4.6B).
Long Term Liabilities: FTI's short term assets ($5.2B) exceed its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: FTI's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: FTI's debt to equity ratio has reduced from 37.5% to 29.3% over the past 5 years.
Debt Coverage: FTI's debt is well covered by operating cash flow (117.2%).
Interest Coverage: FTI's interest payments on its debt are well covered by EBIT (9.2x coverage).