Fluor Balance Sheet Health
Financial Health criteria checks 4/6
Fluor has a total shareholder equity of $2.0B and total debt of $1.4B, which brings its debt-to-equity ratio to 71.4%. Its total assets and total liabilities are $7.2B and $5.1B respectively. Fluor's EBIT is $317.0M making its interest coverage ratio -2.1. It has cash and short-term investments of $2.5B.
Key information
71.4%
Debt to equity ratio
US$1.44b
Debt
Interest coverage ratio | -2.1x |
Cash | US$2.49b |
Equity | US$2.02b |
Total liabilities | US$5.14b |
Total assets | US$7.16b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FLR *'s short term assets ($5.1B) exceed its short term liabilities ($3.1B).
Long Term Liabilities: FLR *'s short term assets ($5.1B) exceed its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: FLR * has more cash than its total debt.
Reducing Debt: FLR *'s debt to equity ratio has increased from 53.9% to 71.4% over the past 5 years.
Debt Coverage: FLR *'s operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FLR * earns more interest than it pays, so coverage of interest payments is not a concern.