FNM Balance Sheet Health
Financial Health criteria checks 3/6
FNM has a total shareholder equity of €376.2M and total debt of €946.6M, which brings its debt-to-equity ratio to 251.7%. Its total assets and total liabilities are €2.1B and €1.7B respectively. FNM's EBIT is €103.9M making its interest coverage ratio 13.2. It has cash and short-term investments of €395.5M.
Key information
251.7%
Debt to equity ratio
€946.63m
Debt
Interest coverage ratio | 13.2x |
Cash | €395.48m |
Equity | €376.16m |
Total liabilities | €1.74b |
Total assets | €2.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0EHB's short term assets (€941.0M) exceed its short term liabilities (€843.8M).
Long Term Liabilities: 0EHB's short term assets (€941.0M) exceed its long term liabilities (€892.5M).
Debt to Equity History and Analysis
Debt Level: 0EHB's net debt to equity ratio (146.5%) is considered high.
Reducing Debt: 0EHB's debt to equity ratio has increased from 53.2% to 251.7% over the past 5 years.
Debt Coverage: 0EHB's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: 0EHB's interest payments on its debt are well covered by EBIT (13.2x coverage).