Fomento de Construcciones y Contratas Balance Sheet Health
Financial Health criteria checks 5/6
Fomento de Construcciones y Contratas has a total shareholder equity of €6.4B and total debt of €4.6B, which brings its debt-to-equity ratio to 71.2%. Its total assets and total liabilities are €18.0B and €11.6B respectively. Fomento de Construcciones y Contratas's EBIT is €950.1M making its interest coverage ratio 6.4. It has cash and short-term investments of €1.7B.
Key information
71.2%
Debt to equity ratio
€4.59b
Debt
| Interest coverage ratio | 6.4x |
| Cash | €1.74b |
| Equity | €6.44b |
| Total liabilities | €11.59b |
| Total assets | €18.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FCC's short term assets (€9.8B) exceed its short term liabilities (€5.2B).
Long Term Liabilities: FCC's short term assets (€9.8B) exceed its long term liabilities (€6.4B).
Debt to Equity History and Analysis
Debt Level: FCC's net debt to equity ratio (44.2%) is considered high.
Reducing Debt: FCC's debt to equity ratio has reduced from 191.7% to 71.2% over the past 5 years.
Debt Coverage: FCC's debt is well covered by operating cash flow (21.9%).
Interest Coverage: FCC's interest payments on its debt are well covered by EBIT (6.4x coverage).