Fleury Michon Balance Sheet Health
Financial Health criteria checks 5/6
Fleury Michon has a total shareholder equity of €200.6M and total debt of €205.6M, which brings its debt-to-equity ratio to 102.5%. Its total assets and total liabilities are €659.2M and €458.6M respectively. Fleury Michon's EBIT is €24.5M making its interest coverage ratio 4.7. It has cash and short-term investments of €185.5M.
Key information
102.5%
Debt to equity ratio
€205.59m
Debt
| Interest coverage ratio | 4.7x |
| Cash | €185.49m |
| Equity | €200.64m |
| Total liabilities | €458.59m |
| Total assets | €659.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0J75's short term assets (€354.9M) exceed its short term liabilities (€252.7M).
Long Term Liabilities: 0J75's short term assets (€354.9M) exceed its long term liabilities (€205.9M).
Debt to Equity History and Analysis
Debt Level: 0J75's net debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: 0J75's debt to equity ratio has increased from 94.1% to 102.5% over the past 5 years.
Debt Coverage: 0J75's debt is well covered by operating cash flow (36.7%).
Interest Coverage: 0J75's interest payments on its debt are well covered by EBIT (4.7x coverage).