Future Market Networks Balance Sheet Health
Financial Health criteria checks 2/6
Future Market Networks has a total shareholder equity of ₹1.1B and total debt of ₹893.2M, which brings its debt-to-equity ratio to 80.7%. Its total assets and total liabilities are ₹3.0B and ₹1.9B respectively. Future Market Networks's EBIT is ₹516.6M making its interest coverage ratio 4.4. It has cash and short-term investments of ₹81.4M.
Key information
80.7%
Debt to equity ratio
₹893.24m
Debt
| Interest coverage ratio | 4.4x |
| Cash | ₹81.40m |
| Equity | ₹1.11b |
| Total liabilities | ₹1.88b |
| Total assets | ₹2.99b |
Recent financial health updates
Does Future Market Networks (NSE:FMNL) Have A Healthy Balance Sheet?
Aug 17
Is Future Market Networks (NSE:FMNL) A Risky Investment?
Mar 03Future Market Networks (NSE:FMNL) Takes On Some Risk With Its Use Of Debt
Jul 19Does Future Market Networks (NSE:FMNL) Have A Healthy Balance Sheet?
Jan 03Recent updates
Future Market Networks Limited's (NSE:FMNL) Shares Bounce 26% But Its Business Still Trails The Industry
Nov 27Future Market Networks (NSE:FMNL) Shareholders Should Be Cautious Despite Solid Earnings
Nov 20Revenues Working Against Future Market Networks Limited's (NSE:FMNL) Share Price Following 29% Dive
Oct 07Future Market Networks Limited (NSE:FMNL) Held Back By Insufficient Growth Even After Shares Climb 28%
Aug 23Does Future Market Networks (NSE:FMNL) Have A Healthy Balance Sheet?
Aug 17Improved Revenues Required Before Future Market Networks Limited (NSE:FMNL) Stock's 30% Jump Looks Justified
Jun 04Is Future Market Networks (NSE:FMNL) A Risky Investment?
Mar 03Revenues Working Against Future Market Networks Limited's (NSE:FMNL) Share Price Following 26% Dive
Mar 03Future Market Networks (NSE:FMNL) Takes On Some Risk With Its Use Of Debt
Jul 19Does Future Market Networks (NSE:FMNL) Have A Healthy Balance Sheet?
Jan 03We're Not So Sure You Should Rely on Future Market Networks's (NSE:FMNL) Statutory Earnings
Aug 31Market Still Lacking Some Conviction On Future Market Networks Limited (NSE:FMNL)
Jul 24Investors Aren't Entirely Convinced About Future Market Networks Limited's (NSE:FMNL) Earnings
Jul 06
Financial Position Analysis
Short Term Liabilities: FMNL's short term assets (₹677.1M) do not cover its short term liabilities (₹883.9M).
Long Term Liabilities: FMNL's short term assets (₹677.1M) do not cover its long term liabilities (₹997.2M).
Debt to Equity History and Analysis
Debt Level: FMNL's net debt to equity ratio (73.3%) is considered high.
Reducing Debt: FMNL's debt to equity ratio has increased from 44.6% to 80.7% over the past 5 years.
Debt Coverage: FMNL's debt is well covered by operating cash flow (29.1%).
Interest Coverage: FMNL's interest payments on its debt are well covered by EBIT (4.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 12:02 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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
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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
Future Market Networks Limited is covered by 0 analysts. 0 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 |
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