Federal Signal Balance Sheet Health
Financial Health criteria checks 6/6
Federal Signal has a total shareholder equity of $1.1B and total debt of $254.4M, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are $1.7B and $591.9M respectively. Federal Signal's EBIT is $261.1M making its interest coverage ratio 16.5. It has cash and short-term investments of $48.6M.
Key information
23.1%
Debt to equity ratio
US$254.40m
Debt
| Interest coverage ratio | 16.5x |
| Cash | US$48.60m |
| Equity | US$1.10b |
| Total liabilities | US$591.90m |
| Total assets | US$1.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FSG's short term assets ($611.8M) exceed its short term liabilities ($211.7M).
Long Term Liabilities: FSG's short term assets ($611.8M) exceed its long term liabilities ($380.2M).
Debt to Equity History and Analysis
Debt Level: FSG's net debt to equity ratio (18.7%) is considered satisfactory.
Reducing Debt: FSG's debt to equity ratio has reduced from 36% to 23.1% over the past 5 years.
Debt Coverage: FSG's debt is well covered by operating cash flow (87.8%).
Interest Coverage: FSG's interest payments on its debt are well covered by EBIT (16.5x coverage).