FMC Balance Sheet Health
Financial Health criteria checks 3/6
FMC has a total shareholder equity of $4.6B and total debt of $4.1B, which brings its debt-to-equity ratio to 87.9%. Its total assets and total liabilities are $12.2B and $7.6B respectively. FMC's EBIT is $524.2M making its interest coverage ratio 2.2. It has cash and short-term investments of $416.7M.
Key information
87.9%
Debt to equity ratio
US$4.07b
Debt
| Interest coverage ratio | 2.2x |
| Cash | US$416.70m |
| Equity | US$4.63b |
| Total liabilities | US$7.59b |
| Total assets | US$12.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FMC1 *'s short term assets ($5.3B) exceed its short term liabilities ($3.6B).
Long Term Liabilities: FMC1 *'s short term assets ($5.3B) exceed its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: FMC1 *'s net debt to equity ratio (78.9%) is considered high.
Reducing Debt: FMC1 *'s debt to equity ratio has reduced from 133.9% to 87.9% over the past 5 years.
Debt Coverage: FMC1 *'s debt is not well covered by operating cash flow (13.9%).
Interest Coverage: FMC1 *'s interest payments on its debt are not well covered by EBIT (2.2x coverage).