Fabrinet Balance Sheet Health
Financial Health criteria checks 6/6
Fabrinet has a total shareholder equity of $1.6B and total debt of $6.1M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are $2.1B and $521.8M respectively. Fabrinet's EBIT is $263.4M making its interest coverage ratio -13. It has cash and short-term investments of $740.7M.
Key information
0.4%
Debt to equity ratio
US$6.08m
Debt
Interest coverage ratio | -13x |
Cash | US$740.66m |
Equity | US$1.61b |
Total liabilities | US$521.76m |
Total assets | US$2.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FAN's short term assets ($1.8B) exceed its short term liabilities ($486.8M).
Long Term Liabilities: FAN's short term assets ($1.8B) exceed its long term liabilities ($35.0M).
Debt to Equity History and Analysis
Debt Level: FAN has more cash than its total debt.
Reducing Debt: FAN's debt to equity ratio has reduced from 8% to 0.4% over the past 5 years.
Debt Coverage: FAN's debt is well covered by operating cash flow (5551.6%).
Interest Coverage: FAN earns more interest than it pays, so coverage of interest payments is not a concern.