Flowtech Fluidpower Balance Sheet Health
Financial Health criteria checks 4/6
Flowtech Fluidpower has a total shareholder equity of £69.3M and total debt of £19.9M, which brings its debt-to-equity ratio to 28.7%. Its total assets and total liabilities are £115.1M and £45.8M respectively. Flowtech Fluidpower's EBIT is £3.9M making its interest coverage ratio 2.1. It has cash and short-term investments of £6.4M.
Key information
28.7%
Debt to equity ratio
UK£19.88m
Debt
| Interest coverage ratio | 2.1x |
| Cash | UK£6.37m |
| Equity | UK£69.33m |
| Total liabilities | UK£45.77m |
| Total assets | UK£115.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2FW's short term assets (£60.2M) exceed its short term liabilities (£20.7M).
Long Term Liabilities: 2FW's short term assets (£60.2M) exceed its long term liabilities (£25.1M).
Debt to Equity History and Analysis
Debt Level: 2FW's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: 2FW's debt to equity ratio has increased from 24.8% to 28.7% over the past 5 years.
Debt Coverage: 2FW's debt is well covered by operating cash flow (37.2%).
Interest Coverage: 2FW's interest payments on its debt are not well covered by EBIT (2.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 04:26 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Flowtech Fluidpower plc is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Wood | Canaccord Genuity |
| Sanjay Vidyarthi | Panmure Liberum |
| Edward Maravanyika | Panmure Liberum |