Filtronic Balance Sheet Health
Financial Health criteria checks 6/6
Filtronic has a total shareholder equity of £14.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £25.3M and £10.5M respectively. Filtronic's EBIT is £3.6M making its interest coverage ratio 23.4. It has cash and short-term investments of £7.2M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 23.4x |
| Cash | UK£7.22m |
| Equity | UK£14.82m |
| Total liabilities | UK£10.45m |
| Total assets | UK£25.27m |
Recent financial health updates
No updates
Recent updates
Investors Appear Satisfied With Filtronic plc's (LON:FTC) Prospects As Shares Rocket 33%
Sep 05
We Think Filtronic's (LON:FTC) Robust Earnings Are Conservative
Aug 06Here's Why We Think Filtronic (LON:FTC) Might Deserve Your Attention Today
Aug 01Market Participants Recognise Filtronic plc's (LON:FTC) Revenues Pushing Shares 27% Higher
Jun 21Revenues Tell The Story For Filtronic plc (LON:FTC) As Its Stock Soars 32%
Apr 25At UK£0.13, Is It Time To Put Filtronic plc (LON:FTC) On Your Watch List?
May 23Here's Why Filtronic (LON:FTC) Has Caught The Eye Of Investors
Mar 15What Is Filtronic plc's (LON:FTC) Share Price Doing?
Dec 08When Should You Buy Filtronic plc (LON:FTC)?
Jul 26Is There Now An Opportunity In Filtronic plc (LON:FTC)?
Mar 31Financial Position Analysis
Short Term Liabilities: FTC's short term assets (£17.0M) exceed its short term liabilities (£8.2M).
Long Term Liabilities: FTC's short term assets (£17.0M) exceed its long term liabilities (£2.3M).
Debt to Equity History and Analysis
Debt Level: FTC is debt free.
Reducing Debt: FTC has no debt compared to 5 years ago when its debt to equity ratio was 1.1%.
Debt Coverage: FTC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FTC has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 05:19 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/05/31 |
| Annual Earnings | 2024/05/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Filtronic plc is covered by 6 analysts. 2 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 |
|---|---|
| Andrew Renton | Cavendish |
| Edward Stacey | Cavendish |
| David Michael Jeremy | Daniel Stewart & Company |