Future Energy Source Balance Sheet Health
Financial Health criteria checks 3/6
Future Energy Source has a total shareholder equity of JMD2.6B and total debt of JMD1.7B, which brings its debt-to-equity ratio to 67.3%. Its total assets and total liabilities are JMD5.2B and JMD2.7B respectively. Future Energy Source's EBIT is JMD643.0M making its interest coverage ratio 3.9. It has cash and short-term investments of JMD271.7M.
Key information
67.3%
Debt to equity ratio
JA$1.73b
Debt
| Interest coverage ratio | 3.9x |
| Cash | JA$271.70m |
| Equity | JA$2.58b |
| Total liabilities | JA$2.67b |
| Total assets | JA$5.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FESCO's short term assets (JMD1.5B) exceed its short term liabilities (JMD1.0B).
Long Term Liabilities: FESCO's short term assets (JMD1.5B) do not cover its long term liabilities (JMD1.6B).
Debt to Equity History and Analysis
Debt Level: FESCO's net debt to equity ratio (56.8%) is considered high.
Reducing Debt: FESCO's debt to equity ratio has increased from 47.3% to 67.3% over the past 5 years.
Debt Coverage: FESCO's debt is well covered by operating cash flow (37.4%).
Interest Coverage: FESCO's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 10:57 |
| End of Day Share Price | 2024/12/20 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 Energy Source Company 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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