Fluidra Balance Sheet Health
Financial Health criteria checks 3/6
Fluidra has a total shareholder equity of €1.6B and total debt of €1.1B, which brings its debt-to-equity ratio to 71.5%. Its total assets and total liabilities are €3.5B and €1.9B respectively. Fluidra's EBIT is €235.7M making its interest coverage ratio 3.5. It has cash and short-term investments of €117.7M.
Key information
71.5%
Debt to equity ratio
€1.13b
Debt
Interest coverage ratio | 3.5x |
Cash | €117.66m |
Equity | €1.58b |
Total liabilities | €1.93b |
Total assets | €3.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4F1's short term assets (€824.4M) exceed its short term liabilities (€469.6M).
Long Term Liabilities: 4F1's short term assets (€824.4M) do not cover its long term liabilities (€1.5B).
Debt to Equity History and Analysis
Debt Level: 4F1's net debt to equity ratio (64%) is considered high.
Reducing Debt: 4F1's debt to equity ratio has increased from 63.5% to 71.5% over the past 5 years.
Debt Coverage: 4F1's debt is well covered by operating cash flow (38%).
Interest Coverage: 4F1's interest payments on its debt are well covered by EBIT (3.5x coverage).