Flotek Industries Balance Sheet Health
Financial Health criteria checks 4/6
Flotek Industries has a total shareholder equity of $99.6M and total debt of $3.7M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are $152.5M and $52.9M respectively.
Key information
3.7%
Debt to equity ratio
US$3.65m
Debt
Interest coverage ratio | n/a |
Cash | US$4.45m |
Equity | US$99.60m |
Total liabilities | US$52.91m |
Total assets | US$152.52m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: F2I0's short term assets ($73.2M) exceed its short term liabilities ($45.2M).
Long Term Liabilities: F2I0's short term assets ($73.2M) exceed its long term liabilities ($7.7M).
Debt to Equity History and Analysis
Debt Level: F2I0 has more cash than its total debt.
Reducing Debt: F2I0's debt to equity ratio has reduced from 27.7% to 3.7% over the past 5 years.
Debt Coverage: F2I0's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if F2I0's interest payments on its debt are well covered by EBIT.