Future Balance Sheet Health
Financial Health criteria checks 3/6
Future has a total shareholder equity of £1.1B and total debt of £297.6M, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are £1.7B and £646.3M respectively. Future's EBIT is £146.6M making its interest coverage ratio 4.8. It has cash and short-term investments of £39.7M.
Key information
28.0%
Debt to equity ratio
UK£297.60m
Debt
| Interest coverage ratio | 4.8x |
| Cash | UK£39.70m |
| Equity | UK£1.06b |
| Total liabilities | UK£646.30m |
| Total assets | UK£1.71b |
Recent financial health updates
Here's Why Future (LON:FUTR) Has A Meaningful Debt Burden
Aug 09
We Think Future (LON:FUTR) Is Taking Some Risk With Its Debt
Feb 08Does 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 22Recent updates
The Market Lifts Future plc (LON:FUTR) Shares 25% But It Can Do More
Dec 08Here's Why Future (LON:FUTR) Has A Meaningful Debt Burden
Aug 09Is It Too Late To Consider Buying Future plc (LON:FUTR)?
Jul 22Future plc (LON:FUTR) Shares Fly 71% But Investors Aren't Buying For Growth
May 26Investors 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 15Financial Position Analysis
Short Term Liabilities: FUTR's short term assets (£158.7M) do not cover its short term liabilities (£229.0M).
Long Term Liabilities: FUTR's short term assets (£158.7M) do not cover its long term liabilities (£417.3M).
Debt to Equity History and Analysis
Debt Level: FUTR's net debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: FUTR's debt to equity ratio has increased from 22% to 28% over the past 5 years.
Debt Coverage: FUTR's debt is well covered by operating cash flow (57.1%).
Interest Coverage: FUTR's interest payments on its debt are well covered by EBIT (4.8x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 11:15 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Future plc is covered by 20 analysts. 10 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 |
|---|---|
| Nicholas Michael Dempsey | Barclays |
| Edward James | Berenberg |
| William Larwood | Berenberg |