Frontdoor Balance Sheet Health
Financial Health criteria checks 4/6
Frontdoor has a total shareholder equity of $136.0M and total debt of $594.0M, which brings its debt-to-equity ratio to 436.8%. Its total assets and total liabilities are $1.1B and $953.0M respectively. Frontdoor's EBIT is $267.0M making its interest coverage ratio 11.1. It has cash and short-term investments of $330.0M.
Key information
436.8%
Debt to equity ratio
US$594.00m
Debt
Interest coverage ratio | 11.1x |
Cash | US$330.00m |
Equity | US$136.00m |
Total liabilities | US$953.00m |
Total assets | US$1.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3I5's short term assets ($363.0M) exceed its short term liabilities ($331.0M).
Long Term Liabilities: 3I5's short term assets ($363.0M) do not cover its long term liabilities ($622.0M).
Debt to Equity History and Analysis
Debt Level: 3I5's net debt to equity ratio (194.1%) is considered high.
Reducing Debt: 3I5 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 3I5's debt is well covered by operating cash flow (34%).
Interest Coverage: 3I5's interest payments on its debt are well covered by EBIT (11.1x coverage).