Future Balance Sheet Health
Financial Health criteria checks 3/6
Future has a total shareholder equity of £1.1B and total debt of £320.5M, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are £1.8B and £686.3M respectively. Future's EBIT is £160.2M making its interest coverage ratio 4.6. It has cash and short-term investments of £23.1M.
Key information
29.3%
Debt to equity ratio
UK£320.50m
Debt
| Interest coverage ratio | 4.6x |
| Cash | UK£23.10m |
| Equity | UK£1.10b |
| Total liabilities | UK£686.30m |
| Total assets | UK£1.78b |
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
Here'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 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 10Financial Position Analysis
Short Term Liabilities: FUTR's short term assets (£161.5M) do not cover its short term liabilities (£207.3M).
Long Term Liabilities: FUTR's short term assets (£161.5M) do not cover its long term liabilities (£479.0M).
Debt to Equity History and Analysis
Debt Level: FUTR's net debt to equity ratio (27.2%) is considered satisfactory.
Reducing Debt: FUTR's debt to equity ratio has increased from 23.8% to 29.3% over the past 5 years.
Debt Coverage: FUTR's debt is well covered by operating cash flow (60.3%).
Interest Coverage: FUTR's interest payments on its debt are well covered by EBIT (4.6x coverage).