FactSet Research Systems Balance Sheet Health
Financial Health criteria checks 4/6
FactSet Research Systems has a total shareholder equity of $1.9B and total debt of $1.4B, which brings its debt-to-equity ratio to 71.4%. Its total assets and total liabilities are $4.1B and $2.1B respectively. FactSet Research Systems's EBIT is $706.0M making its interest coverage ratio 13.8. It has cash and short-term investments of $492.6M.
Key information
71.4%
Debt to equity ratio
US$1.37b
Debt
| Interest coverage ratio | 13.8x |
| Cash | US$492.60m |
| Equity | US$1.91b |
| Total liabilities | US$2.14b |
| Total assets | US$4.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FDS *'s short term assets ($835.8M) exceed its short term liabilities ($667.1M).
Long Term Liabilities: FDS *'s short term assets ($835.8M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: FDS *'s net debt to equity ratio (45.7%) is considered high.
Reducing Debt: FDS *'s debt to equity ratio has reduced from 85.4% to 71.4% over the past 5 years.
Debt Coverage: FDS *'s debt is well covered by operating cash flow (51.3%).
Interest Coverage: FDS *'s interest payments on its debt are well covered by EBIT (13.8x coverage).