James Fisher and Sons Balance Sheet Health
Financial Health criteria checks 3/6
James Fisher and Sons has a total shareholder equity of £200.1M and total debt of £237.6M, which brings its debt-to-equity ratio to 118.7%. Its total assets and total liabilities are £636.4M and £436.3M respectively. James Fisher and Sons's EBIT is £21.4M making its interest coverage ratio 1.9. It has cash and short-term investments of £90.3M.
Key information
118.7%
Debt to equity ratio
UK£237.60m
Debt
Interest coverage ratio | 1.9x |
Cash | UK£90.30m |
Equity | UK£200.10m |
Total liabilities | UK£436.30m |
Total assets | UK£636.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6FJ's short term assets (£306.4M) exceed its short term liabilities (£223.0M).
Long Term Liabilities: 6FJ's short term assets (£306.4M) exceed its long term liabilities (£213.3M).
Debt to Equity History and Analysis
Debt Level: 6FJ's net debt to equity ratio (73.6%) is considered high.
Reducing Debt: 6FJ's debt to equity ratio has increased from 55.1% to 118.7% over the past 5 years.
Debt Coverage: 6FJ's debt is well covered by operating cash flow (20.7%).
Interest Coverage: 6FJ's interest payments on its debt are not well covered by EBIT (1.9x coverage).