Fonix Balance Sheet Health
Financial Health criteria checks 6/6
Fonix has a total shareholder equity of £10.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £64.3M and £53.6M respectively. Fonix's EBIT is £12.8M making its interest coverage ratio -11.6. It has cash and short-term investments of £26.5M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -11.6x |
| Cash | UK£26.48m |
| Equity | UK£10.70m |
| Total liabilities | UK£53.65m |
| Total assets | UK£64.35m |
Recent financial health updates
No updates
Recent updates
Fonix (LON:FNX) Is Increasing Its Dividend To £0.057
Oct 28
Fonix Mobile (LON:FNX) Will Pay A Dividend Of £0.026
Mar 15Fonix Mobile plc's (LON:FNX) Shareholders Might Be Looking For Exit
Mar 14Here's Why We Think Fonix Mobile (LON:FNX) Might Deserve Your Attention Today
Jan 06Why We Think The CEO Of Fonix Mobile plc (LON:FNX) May Soon See A Pay Rise
Nov 08Fonix Mobile (LON:FNX) Has Announced That It Will Be Increasing Its Dividend To £0.0236
Mar 16Fonix Mobile's (LON:FNX) Dividend Will Be Increased To £0.045
Nov 17Fonix Mobile's (LON:FNX) Upcoming Dividend Will Be Larger Than Last Year's
Oct 24Key Things To Consider Before Buying Fonix Mobile plc (LON:FNX) For Its Dividend
Mar 07What You Need To Know About Fonix Mobile plc's (LON:FNX) Investor Composition
Jan 13
Financial Position Analysis
Short Term Liabilities: FNX's short term assets (£62.4M) exceed its short term liabilities (£53.3M).
Long Term Liabilities: FNX's short term assets (£62.4M) exceed its long term liabilities (£383.0K).
Debt to Equity History and Analysis
Debt Level: FNX is debt free.
Reducing Debt: FNX has not had any debt for past 5 years.
Debt Coverage: FNX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FNX has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 02:08 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Fonix Plc is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Murray Darley | Cavendish |
| Michael Hill | Cavendish |