FMC Balance Sheet Health
Financial Health criteria checks 3/6
FMC has a total shareholder equity of $4.6B and total debt of $4.2B, which brings its debt-to-equity ratio to 91.2%. Its total assets and total liabilities are $12.1B and $7.6B respectively. FMC's EBIT is $495.0M making its interest coverage ratio 2. It has cash and short-term investments of $471.5M.
Key information
91.2%
Debt to equity ratio
US$4.18b
Debt
| Interest coverage ratio | 2x |
| Cash | US$471.50m |
| Equity | US$4.58b |
| Total liabilities | US$7.55b |
| Total assets | US$12.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FMC1 *'s short term assets ($5.2B) exceed its short term liabilities ($3.5B).
Long Term Liabilities: FMC1 *'s short term assets ($5.2B) exceed its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: FMC1 *'s net debt to equity ratio (80.9%) is considered high.
Reducing Debt: FMC1 *'s debt to equity ratio has reduced from 117.4% to 91.2% over the past 5 years.
Debt Coverage: FMC1 *'s debt is not well covered by operating cash flow (11.7%).
Interest Coverage: FMC1 *'s interest payments on its debt are not well covered by EBIT (2x coverage).