Fluor Balance Sheet Health
Financial Health criteria checks 5/6
Fluor has a total shareholder equity of $2.1B and total debt of $1.2B, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are $7.0B and $4.9B respectively. Fluor's EBIT is $260.0M making its interest coverage ratio -1.5. It has cash and short-term investments of $2.6B.
Key information
56.4%
Debt to equity ratio
US$1.16b
Debt
Interest coverage ratio | -1.5x |
Cash | US$2.59b |
Equity | US$2.05b |
Total liabilities | US$4.92b |
Total assets | US$6.97b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FLU's short term assets ($5.1B) exceed its short term liabilities ($3.2B).
Long Term Liabilities: FLU's short term assets ($5.1B) exceed its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: FLU has more cash than its total debt.
Reducing Debt: FLU's debt to equity ratio has reduced from 56.7% to 56.4% over the past 5 years.
Debt Coverage: FLU's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: FLU earns more interest than it pays, so coverage of interest payments is not a concern.