FD Technologies Balance Sheet Health
Financial Health criteria checks 5/6
FD Technologies has a total shareholder equity of £188.5M and total debt of £30.1M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are £334.7M and £146.2M respectively. FD Technologies's EBIT is £7.5M making its interest coverage ratio 1.4. It has cash and short-term investments of £22.9M.
Key information
16.0%
Debt to equity ratio
UK£30.13m
Debt
| Interest coverage ratio | 1.4x |
| Cash | UK£22.89m |
| Equity | UK£188.47m |
| Total liabilities | UK£146.18m |
| Total assets | UK£334.65m |
Recent financial health updates
These 4 Measures Indicate That FD Technologies (LON:FDP) Is Using Debt Reasonably Well
Jul 12
First Derivatives (LON:FDP) Seems To Use Debt Quite Sensibly
May 24First Derivatives (LON:FDP) Seems To Use Debt Quite Sensibly
Feb 01Recent updates
FD Technologies plc (LON:FDP) Looks Inexpensive But Perhaps Not Attractive Enough
Jan 19Returns On Capital Signal Difficult Times Ahead For FD Technologies (LON:FDP)
Oct 25These 4 Measures Indicate That FD Technologies (LON:FDP) Is Using Debt Reasonably Well
Jul 12Be Wary Of FD Technologies (LON:FDP) And Its Returns On Capital
Apr 19FD Technologies' (LON:FDP) Returns On Capital Not Reflecting Well On The Business
Nov 19Investors Could Be Concerned With FD Technologies' (LON:FDP) Returns On Capital
Jul 09There Are Reasons To Feel Uneasy About FD Technologies' (LON:FDP) Returns On Capital
Mar 01Return Trends At FD Technologies (LON:FDP) Aren't Appealing
Sep 04Should You Investigate FD Technologies Plc (LON:FDP) At UK£21.95?
Jul 26First Derivatives (LON:FDP) Seems To Use Debt Quite Sensibly
May 24We Like These Underlying Return On Capital Trends At First Derivatives (LON:FDP)
May 07Is It Too Late To Consider Buying First Derivatives plc (LON:FDP)?
Mar 12Did Business Growth Power First Derivatives' (LON:FDP) Share Price Gain of 101%?
Feb 19First Derivatives (LON:FDP) Seems To Use Debt Quite Sensibly
Feb 01Will the Promising Trends At First Derivatives (LON:FDP) Continue?
Jan 14Is First Derivatives plc's (LON:FDP) Stock Price Struggling As A Result Of Its Mixed Financials?
Dec 28Is It Time To Consider Buying First Derivatives plc (LON:FDP)?
Dec 09
First Derivatives (LON:FDP) Shareholders Have Enjoyed A 77% Share Price Gain
Nov 20Financial Position Analysis
Short Term Liabilities: FDP's short term assets (£103.4M) exceed its short term liabilities (£80.2M).
Long Term Liabilities: FDP's short term assets (£103.4M) exceed its long term liabilities (£66.0M).
Debt to Equity History and Analysis
Debt Level: FDP's net debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: FDP's debt to equity ratio has reduced from 26.7% to 16% over the past 5 years.
Debt Coverage: FDP's debt is well covered by operating cash flow (84%).
Interest Coverage: FDP's interest payments on its debt are not well covered by EBIT (1.4x coverage).