FMC Balance Sheet Health
Financial Health criteria checks 2/6
FMC has a total shareholder equity of $4.4B and total debt of $4.0B, which brings its debt-to-equity ratio to 89.3%. Its total assets and total liabilities are $11.9B and $7.5B respectively. FMC's EBIT is $679.2M making its interest coverage ratio 2.9. It has cash and short-term investments of $302.4M.
Key information
89.3%
Debt to equity ratio
US$3.96b
Debt
Interest coverage ratio | 2.9x |
Cash | US$302.40m |
Equity | US$4.43b |
Total liabilities | US$7.49b |
Total assets | US$11.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FMQ's short term assets ($5.1B) exceed its short term liabilities ($3.4B).
Long Term Liabilities: FMQ's short term assets ($5.1B) exceed its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: FMQ's net debt to equity ratio (82.4%) is considered high.
Reducing Debt: FMQ's debt to equity ratio has increased from 83.9% to 89.3% over the past 5 years.
Debt Coverage: FMQ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FMQ's interest payments on its debt are not well covered by EBIT (2.9x coverage).