Future Balance Sheet Health
Financial Health criteria checks 3/6
Future has a total shareholder equity of £1.1B and total debt of £387.6M, which brings its debt-to-equity ratio to 34.8%. Its total assets and total liabilities are £1.9B and £766.6M respectively. Future's EBIT is £189.2M making its interest coverage ratio 5.4. It has cash and short-term investments of £60.3M.
Key information
34.8%
Debt to equity ratio
UK£387.60m
Debt
| Interest coverage ratio | 5.4x |
| Cash | UK£60.30m |
| Equity | UK£1.11b |
| Total liabilities | UK£766.60m |
| Total assets | UK£1.88b |
Recent financial health updates
We Think Future (LON:FUTR) Is Taking Some Risk With Its Debt
Feb 08
Does Future (LON:FUTR) Have A Healthy Balance Sheet?
Jul 30Does Future (LON:FUTR) Have A Healthy Balance Sheet?
Jan 24Future (LON:FUTR) Has A Pretty Healthy Balance Sheet
Sep 27Future (LON:FUTR) Seems To Use Debt Rather Sparingly
Jun 22Is Future (LON:FUTR) Using Too Much Debt?
Mar 09Recent updates
Investors Aren't Buying Future plc's (LON:FUTR) Earnings
Apr 10We Think Future (LON:FUTR) Is Taking Some Risk With Its Debt
Feb 08Future plc's (LON:FUTR) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Jan 07What Is Future plc's (LON:FUTR) Share Price Doing?
Sep 13Does Future (LON:FUTR) Have A Healthy Balance Sheet?
Jul 30Is Now An Opportune Moment To Examine Future plc (LON:FUTR)?
May 23If EPS Growth Is Important To You, Future (LON:FUTR) Presents An Opportunity
Mar 02When Should You Buy Future plc (LON:FUTR)?
Feb 08Does Future (LON:FUTR) Have A Healthy Balance Sheet?
Jan 24Do Future's (LON:FUTR) Earnings Warrant Your Attention?
Dec 02Is Now An Opportune Moment To Examine Future plc (LON:FUTR)?
Oct 19Future (LON:FUTR) Has A Pretty Healthy Balance Sheet
Sep 27Does Future (LON:FUTR) Deserve A Spot On Your Watchlist?
Jul 22Future (LON:FUTR) Seems To Use Debt Rather Sparingly
Jun 22Do Future's (LON:FUTR) Earnings Warrant Your Attention?
Apr 15Is Future (LON:FUTR) Using Too Much Debt?
Mar 09Is Future plc (LON:FUTR) Trading At A 40% Discount?
Jan 25Is Now The Time To Put Future (LON:FUTR) On Your Watchlist?
Jan 06Future (LON:FUTR) Has A Rock Solid Balance Sheet
Dec 01Is Future plc (LON:FUTR) Trading At A 26% Discount?
Oct 15If You Like EPS Growth Then Check Out Future (LON:FUTR) Before It's Too Late
Sep 24Does Future (LON:FUTR) Have A Healthy Balance Sheet?
Aug 19Estimating The Intrinsic Value Of Future plc (LON:FUTR)
Jul 10Here's Why I Think Future (LON:FUTR) Might Deserve Your Attention Today
Jun 22These 4 Measures Indicate That Future (LON:FUTR) Is Using Debt Safely
May 21Have Insiders Been Buying Future plc (LON:FUTR) Shares?
Mar 20Industry Analysts Just Made A Sizeable Upgrade To Their Future plc (LON:FUTR) Revenue Forecasts
Mar 04Financial Position Analysis
Short Term Liabilities: FUTR's short term assets (£201.5M) do not cover its short term liabilities (£208.9M).
Long Term Liabilities: FUTR's short term assets (£201.5M) do not cover its long term liabilities (£557.7M).
Debt to Equity History and Analysis
Debt Level: FUTR's net debt to equity ratio (29.4%) is considered satisfactory.
Reducing Debt: FUTR's debt to equity ratio has increased from 14% to 34.8% over the past 5 years.
Debt Coverage: FUTR's debt is well covered by operating cash flow (47.2%).
Interest Coverage: FUTR's interest payments on its debt are well covered by EBIT (5.4x coverage).