FormFactor Balance Sheet Health
Financial Health criteria checks 6/6
FormFactor has a total shareholder equity of $955.0M and total debt of $13.6M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are $1.2B and $198.8M respectively. FormFactor's EBIT is $47.0M making its interest coverage ratio -3.6. It has cash and short-term investments of $354.5M.
Key information
1.4%
Debt to equity ratio
US$13.59m
Debt
| Interest coverage ratio | -3.6x |
| Cash | US$354.47m |
| Equity | US$955.01m |
| Total liabilities | US$198.77m |
| Total assets | US$1.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FMF's short term assets ($614.8M) exceed its short term liabilities ($129.2M).
Long Term Liabilities: FMF's short term assets ($614.8M) exceed its long term liabilities ($69.6M).
Debt to Equity History and Analysis
Debt Level: FMF has more cash than its total debt.
Reducing Debt: FMF's debt to equity ratio has reduced from 7.5% to 1.4% over the past 5 years.
Debt Coverage: FMF's debt is well covered by operating cash flow (668.9%).
Interest Coverage: FMF earns more interest than it pays, so coverage of interest payments is not a concern.