FIH group Balance Sheet Health
Financial Health criteria checks 5/6
FIH group has a total shareholder equity of £45.1M and total debt of £12.6M, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are £81.1M and £36.0M respectively. FIH group's EBIT is £3.8M making its interest coverage ratio 6.9. It has cash and short-term investments of £9.7M.
Key information
27.9%
Debt to equity ratio
UK£12.58m
Debt
| Interest coverage ratio | 6.9x |
| Cash | UK£9.65m |
| Equity | UK£45.09m |
| Total liabilities | UK£36.01m |
| Total assets | UK£81.09m |
Recent financial health updates
No updates
Recent updates
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Financial Position Analysis
Short Term Liabilities: FBLM's short term assets (£27.7M) exceed its short term liabilities (£12.8M).
Long Term Liabilities: FBLM's short term assets (£27.7M) exceed its long term liabilities (£23.2M).
Debt to Equity History and Analysis
Debt Level: FBLM's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: FBLM's debt to equity ratio has reduced from 29.2% to 27.9% over the past 5 years.
Debt Coverage: FBLM's debt is not well covered by operating cash flow (16%).
Interest Coverage: FBLM's interest payments on its debt are well covered by EBIT (6.9x coverage).