TechnipFMC Balance Sheet Health
Financial Health criteria checks 6/6
TechnipFMC has a total shareholder equity of $3.0B and total debt of $1.0B, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are $9.1B and $6.0B respectively. TechnipFMC's EBIT is $698.9M making its interest coverage ratio 5.6. It has cash and short-term investments of $696.8M.
Key information
33.6%
Debt to equity ratio
US$1.02b
Debt
Interest coverage ratio | 5.6x |
Cash | US$696.80m |
Equity | US$3.05b |
Total liabilities | US$6.04b |
Total assets | US$9.09b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1T1's short term assets ($4.8B) exceed its short term liabilities ($4.1B).
Long Term Liabilities: 1T1's short term assets ($4.8B) exceed its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: 1T1's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: 1T1's debt to equity ratio has reduced from 36.9% to 33.6% over the past 5 years.
Debt Coverage: 1T1's debt is well covered by operating cash flow (97.9%).
Interest Coverage: 1T1's interest payments on its debt are well covered by EBIT (5.6x coverage).