Fluidra Balance Sheet Health
Financial Health criteria checks 3/6
Fluidra has a total shareholder equity of €1.6B and total debt of €1.3B, which brings its debt-to-equity ratio to 77.5%. Its total assets and total liabilities are €3.8B and €2.2B respectively. Fluidra's EBIT is €226.7M making its interest coverage ratio 3.5. It has cash and short-term investments of €83.8M.
Key information
77.5%
Debt to equity ratio
€1.27b
Debt
Interest coverage ratio | 3.5x |
Cash | €83.84m |
Equity | €1.64b |
Total liabilities | €2.18b |
Total assets | €3.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0ILI's short term assets (€1.1B) exceed its short term liabilities (€705.1M).
Long Term Liabilities: 0ILI's short term assets (€1.1B) do not cover its long term liabilities (€1.5B).
Debt to Equity History and Analysis
Debt Level: 0ILI's net debt to equity ratio (72.4%) is considered high.
Reducing Debt: 0ILI's debt to equity ratio has increased from 70.9% to 77.5% over the past 5 years.
Debt Coverage: 0ILI's debt is well covered by operating cash flow (33.3%).
Interest Coverage: 0ILI's interest payments on its debt are well covered by EBIT (3.5x coverage).