FD Technologies Balance Sheet Health
Financial Health criteria checks 5/6
FD Technologies has a total shareholder equity of £188.5M and total debt of £30.1M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are £334.7M and £146.2M respectively. FD Technologies's EBIT is £7.5M making its interest coverage ratio 1.4. It has cash and short-term investments of £22.9M.
Key information
16.0%
Debt to equity ratio
UK£30.13m
Debt
Interest coverage ratio | 1.4x |
Cash | UK£22.89m |
Equity | UK£188.47m |
Total liabilities | UK£146.18m |
Total assets | UK£334.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GYQ's short term assets (£103.4M) exceed its short term liabilities (£80.2M).
Long Term Liabilities: GYQ's short term assets (£103.4M) exceed its long term liabilities (£66.0M).
Debt to Equity History and Analysis
Debt Level: GYQ's net debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: GYQ's debt to equity ratio has reduced from 26.7% to 16% over the past 5 years.
Debt Coverage: GYQ's debt is well covered by operating cash flow (84%).
Interest Coverage: GYQ's interest payments on its debt are not well covered by EBIT (1.4x coverage).