FLSmidth Balance Sheet Health
Financial Health criteria checks 6/6
FLSmidth has a total shareholder equity of DKK10.8B and total debt of DKK1.7B, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are DKK27.0B and DKK16.2B respectively. FLSmidth's EBIT is DKK1.6B making its interest coverage ratio 17.2. It has cash and short-term investments of DKK1.4B.
Key information
15.6%
Debt to equity ratio
kr.1.69b
Debt
Interest coverage ratio | 17.2x |
Cash | kr.1.41b |
Equity | kr.10.83b |
Total liabilities | kr.16.18b |
Total assets | kr.27.01b |
Recent financial health updates
Here's Why FLSmidth (CPH:FLS) Can Manage Its Debt Responsibly
Jan 29Does FLSmidth (CPH:FLS) Have A Healthy Balance Sheet?
May 29Is FLSmidth (CPH:FLS) Using Too Much Debt?
Jan 11Does FLSmidth (CPH:FLS) Have A Healthy Balance Sheet?
Sep 27We Think FLSmidth (CPH:FLS) Can Manage Its Debt With Ease
Jun 22FLSmidth (CPH:FLS) Has A Pretty Healthy Balance Sheet
Dec 14Recent updates
Is FLSmidth & Co. A/S (CPH:FLS) Trading At A 38% Discount?
Mar 25FLSmidth's (CPH:FLS) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 10FLSmidth (CPH:FLS) Is Paying Out A Larger Dividend Than Last Year
Feb 25Is Now The Time To Look At Buying FLSmidth & Co. A/S (CPH:FLS)?
Feb 17Here's Why FLSmidth (CPH:FLS) Can Manage Its Debt Responsibly
Jan 29Capital Allocation Trends At FLSmidth (CPH:FLS) Aren't Ideal
Dec 24What Is FLSmidth & Co. A/S's (CPH:FLS) Share Price Doing?
Oct 31Should You Think About Buying FLSmidth & Co. A/S (CPH:FLS) Now?
Jul 13Is FLSmidth & Co. A/S (CPH:FLS) Trading At A 47% Discount?
Jun 26Does FLSmidth (CPH:FLS) Have A Healthy Balance Sheet?
May 29FLSmidth (CPH:FLS) May Have Issues Allocating Its Capital
Apr 28What Is FLSmidth & Co. A/S's (CPH:FLS) Share Price Doing?
Feb 20Is FLSmidth (CPH:FLS) Using Too Much Debt?
Jan 11Investors Could Be Concerned With FLSmidth's (CPH:FLS) Returns On Capital
Dec 24Is It Time To Consider Buying FLSmidth & Co. A/S (CPH:FLS)?
Nov 05Does FLSmidth (CPH:FLS) Have A Healthy Balance Sheet?
Sep 27FLSmidth (CPH:FLS) Hasn't Managed To Accelerate Its Returns
Sep 07Is There Now An Opportunity In FLSmidth & Co. A/S (CPH:FLS)?
Jul 29We Think FLSmidth (CPH:FLS) Can Manage Its Debt With Ease
Jun 22FLSmidth (CPH:FLS) Has Some Difficulty Using Its Capital Effectively
Jun 03At kr.190, Is It Time To Put FLSmidth & Co. A/S (CPH:FLS) On Your Watch List?
Apr 28FLSmidth's (CPH:FLS) Upcoming Dividend Will Be Larger Than Last Year's
Mar 23FLSmidth (CPH:FLS) Is Paying Out A Larger Dividend Than Last Year
Mar 05FLSmidth (CPH:FLS) Is Paying Out A Larger Dividend Than Last Year
Feb 19The Returns On Capital At FLSmidth (CPH:FLS) Don't Inspire Confidence
Jan 13FLSmidth (CPH:FLS) Has A Pretty Healthy Balance Sheet
Dec 14At kr.265, Is FLSmidth & Co. A/S (CPH:FLS) Worth Looking At Closely?
Nov 11Estimating The Intrinsic Value Of FLSmidth & Co. A/S (CPH:FLS)
Oct 11Does FLSmidth (CPH:FLS) Have A Healthy Balance Sheet?
Jul 29What Is FLSmidth & Co. A/S's (CPH:FLS) Share Price Doing?
Jul 14Estimating The Intrinsic Value Of FLSmidth & Co. A/S (CPH:FLS)
Jun 27Investors Could Be Concerned With FLSmidth's (CPH:FLS) Returns On Capital
Jun 12Some Investors May Be Willing To Look Past FLSmidth's (CPH:FLS) Soft Earnings
May 12At kr.223, Is FLSmidth & Co. A/S (CPH:FLS) Worth Looking At Closely?
Apr 15Key Things To Watch Out For If You Are After FLSmidth & Co. A/S's (CPH:FLS) 0.8% Dividend
Apr 03FLSmidth & Co. A/S (CPH:FLS) Goes Ex-Dividend Soon
Mar 21These 4 Measures Indicate That FLSmidth (CPH:FLS) Is Using Debt Extensively
Mar 11Estimating The Intrinsic Value Of FLSmidth & Co. A/S (CPH:FLS)
Feb 27Financial Position Analysis
Short Term Liabilities: FLS's short term assets (DKK13.7B) exceed its short term liabilities (DKK12.7B).
Long Term Liabilities: FLS's short term assets (DKK13.7B) exceed its long term liabilities (DKK3.5B).
Debt to Equity History and Analysis
Debt Level: FLS's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: FLS's debt to equity ratio has reduced from 33.9% to 15.6% over the past 5 years.
Debt Coverage: FLS's debt is well covered by operating cash flow (36.9%).
Interest Coverage: FLS's interest payments on its debt are well covered by EBIT (17.2x coverage).