Flowtech Fluidpower Balance Sheet Health
Financial Health criteria checks 4/6
Flowtech Fluidpower has a total shareholder equity of £67.4M and total debt of £19.9M, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are £117.0M and £49.6M respectively. Flowtech Fluidpower's EBIT is £4.6M making its interest coverage ratio 2.7. It has cash and short-term investments of £5.2M.
Key information
29.5%
Debt to equity ratio
UK£19.92m
Debt
| Interest coverage ratio | 2.7x |
| Cash | UK£5.18m |
| Equity | UK£67.40m |
| Total liabilities | UK£49.62m |
| Total assets | UK£117.02m |
Recent financial health updates
No updates
Recent updates
Should You Think About Buying Flowtech Fluidpower plc (LON:FLO) Now?
Apr 25
Flowtech Fluidpower (LON:FLO) Is Increasing Its Dividend To £0.022
Mar 29Estimating The Intrinsic Value Of Flowtech Fluidpower plc (LON:FLO)
Sep 01Why Flowtech Fluidpower plc (LON:FLO) Could Be Worth Watching
Aug 01Flowtech Fluidpower's (LON:FLO) Dividend Will Be Increased To £0.021
Jun 15Flowtech Fluidpower (LON:FLO) Has Affirmed Its Dividend Of £0.021
May 20Flowtech Fluidpower's (LON:FLO) Dividend Will Be £0.021
May 06Flowtech Fluidpower (LON:FLO) Is Due To Pay A Dividend Of £0.021
Apr 15A Look At The Fair Value Of Flowtech Fluidpower plc (LON:FLO)
Jul 20Flowtech Fluidpower (LON:FLO) Will Be Hoping To Turn Its Returns On Capital Around
Mar 22Reflecting on Flowtech Fluidpower's (LON:FLO) Share Price Returns Over The Last Three Years
Jan 29
What Do The Returns On Capital At Flowtech Fluidpower (LON:FLO) Tell Us?
Dec 07Financial Position Analysis
Short Term Liabilities: FLO's short term assets (£61.8M) exceed its short term liabilities (£24.0M).
Long Term Liabilities: FLO's short term assets (£61.8M) exceed its long term liabilities (£25.6M).
Debt to Equity History and Analysis
Debt Level: FLO's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: FLO's debt to equity ratio has increased from 25.2% to 29.5% over the past 5 years.
Debt Coverage: FLO's debt is well covered by operating cash flow (41.2%).
Interest Coverage: FLO's interest payments on its debt are not well covered by EBIT (2.7x coverage).