FNM Balance Sheet Health
Financial Health criteria checks 3/6
FNM has a total shareholder equity of €372.3M and total debt of €1.1B, which brings its debt-to-equity ratio to 297.1%. Its total assets and total liabilities are €2.3B and €1.9B respectively. FNM's EBIT is €96.0M making its interest coverage ratio 12.2. It has cash and short-term investments of €351.0M.
Key information
297.1%
Debt to equity ratio
€1.11b
Debt
| Interest coverage ratio | 12.2x |
| Cash | €351.01m |
| Equity | €372.33m |
| Total liabilities | €1.92b |
| Total assets | €2.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0EHB's short term assets (€991.6M) exceed its short term liabilities (€941.3M).
Long Term Liabilities: 0EHB's short term assets (€991.6M) exceed its long term liabilities (€975.2M).
Debt to Equity History and Analysis
Debt Level: 0EHB's net debt to equity ratio (202.8%) is considered high.
Reducing Debt: 0EHB's debt to equity ratio has increased from 60.6% to 297.1% over the past 5 years.
Debt Coverage: 0EHB's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: 0EHB's interest payments on its debt are well covered by EBIT (12.2x coverage).