Fnac Darty Balance Sheet Health
Financial Health criteria checks 4/6
Fnac Darty has a total shareholder equity of €1.5B and total debt of €922.9M, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are €7.0B and €5.5B respectively. Fnac Darty's EBIT is €170.6M making its interest coverage ratio 2.9. It has cash and short-term investments of €1.1B.
Key information
60.0%
Debt to equity ratio
€922.90m
Debt
Interest coverage ratio | 2.9x |
Cash | €1.14b |
Equity | €1.54b |
Total liabilities | €5.48b |
Total assets | €7.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FNACP's short term assets (€3.0B) do not cover its short term liabilities (€3.6B).
Long Term Liabilities: FNACP's short term assets (€3.0B) exceed its long term liabilities (€1.9B).
Debt to Equity History and Analysis
Debt Level: FNACP has more cash than its total debt.
Reducing Debt: FNACP's debt to equity ratio has reduced from 72% to 60% over the past 5 years.
Debt Coverage: FNACP's debt is well covered by operating cash flow (71.6%).
Interest Coverage: FNACP's interest payments on its debt are not well covered by EBIT (2.9x coverage).