FLSmidth Balance Sheet Health
Financial Health criteria checks 6/6
FLSmidth has a total shareholder equity of DKK11.1B and total debt of DKK2.4B, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are DKK27.6B and DKK16.5B respectively. FLSmidth's EBIT is DKK1.9B making its interest coverage ratio -26.3. It has cash and short-term investments of DKK1.4B.
Key information
21.5%
Debt to equity ratio
DKK 2.38b
Debt
| Interest coverage ratio | -26.3x |
| Cash | DKK 1.43b |
| Equity | DKK 11.09b |
| Total liabilities | DKK 16.53b |
| Total assets | DKK 27.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: F6O1's short term assets (DKK14.5B) exceed its short term liabilities (DKK12.7B).
Long Term Liabilities: F6O1's short term assets (DKK14.5B) exceed its long term liabilities (DKK3.8B).
Debt to Equity History and Analysis
Debt Level: F6O1's net debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: F6O1's debt to equity ratio has reduced from 36% to 21.5% over the past 5 years.
Debt Coverage: F6O1's debt is well covered by operating cash flow (39.9%).
Interest Coverage: F6O1 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 19:55 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| 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
FLSmidth & Co. A/S is covered by 30 analysts. 9 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 |
|---|---|
| Andrew Carlsen | ABG Sundal Collier |
| Xin Wang | Barclays |
| Ling Zhang | BNP Paribas Exane |