FNM Balance Sheet Health
Financial Health criteria checks 3/6
FNM has a total shareholder equity of €395.1M and total debt of €1.1B, which brings its debt-to-equity ratio to 283%. Its total assets and total liabilities are €2.3B and €1.9B respectively. FNM's EBIT is €112.5M making its interest coverage ratio 12.7. It has cash and short-term investments of €399.6M.
Key information
283.0%
Debt to equity ratio
€1.12b
Debt
| Interest coverage ratio | 12.7x |
| Cash | €399.60m |
| Equity | €395.10m |
| Total liabilities | €1.90b |
| Total assets | €2.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8FN's short term assets (€993.7M) exceed its short term liabilities (€950.3M).
Long Term Liabilities: 8FN's short term assets (€993.7M) exceed its long term liabilities (€949.8M).
Debt to Equity History and Analysis
Debt Level: 8FN's net debt to equity ratio (181.9%) is considered high.
Reducing Debt: 8FN's debt to equity ratio has increased from 63.1% to 283% over the past 5 years.
Debt Coverage: 8FN's debt is not well covered by operating cash flow (18%).
Interest Coverage: 8FN's interest payments on its debt are well covered by EBIT (12.7x coverage).