Fomento de Construcciones y Contratas Balance Sheet Health
Financial Health criteria checks 3/6
Fomento de Construcciones y Contratas has a total shareholder equity of €6.1B and total debt of €4.9B, which brings its debt-to-equity ratio to 80.3%. Its total assets and total liabilities are €16.7B and €10.6B respectively. Fomento de Construcciones y Contratas's EBIT is €952.8M making its interest coverage ratio 8. It has cash and short-term investments of €1.8B.
Key information
80.3%
Debt to equity ratio
€4.93b
Debt
Interest coverage ratio | 8x |
Cash | €1.80b |
Equity | €6.15b |
Total liabilities | €10.57b |
Total assets | €16.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HAA's short term assets (€6.1B) exceed its short term liabilities (€3.9B).
Long Term Liabilities: 0HAA's short term assets (€6.1B) do not cover its long term liabilities (€6.7B).
Debt to Equity History and Analysis
Debt Level: 0HAA's net debt to equity ratio (50.9%) is considered high.
Reducing Debt: 0HAA's debt to equity ratio has reduced from 207.7% to 80.3% over the past 5 years.
Debt Coverage: 0HAA's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: 0HAA's interest payments on its debt are well covered by EBIT (8x coverage).