First Gen Balance Sheet Health
Financial Health criteria checks 5/6
First Gen has a total shareholder equity of $3.5B and total debt of $1.8B, which brings its debt-to-equity ratio to 52.8%. Its total assets and total liabilities are $6.6B and $3.1B respectively. First Gen's EBIT is $467.6M making its interest coverage ratio 6.2. It has cash and short-term investments of $712.9M.
Key information
52.8%
Debt to equity ratio
US$1.84b
Debt
| Interest coverage ratio | 6.2x |
| Cash | US$712.94m |
| Equity | US$3.49b |
| Total liabilities | US$3.09b |
| Total assets | US$6.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FGEN's short term assets ($1.6B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: FGEN's short term assets ($1.6B) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: FGEN's net debt to equity ratio (32.4%) is considered satisfactory.
Reducing Debt: FGEN's debt to equity ratio has reduced from 80.1% to 52.8% over the past 5 years.
Debt Coverage: FGEN's debt is well covered by operating cash flow (42.3%).
Interest Coverage: FGEN's interest payments on its debt are well covered by EBIT (6.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 09:53 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
First Gen Corporation is covered by 15 analysts. 2 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 |
|---|---|
| Julian Vincent Roxas | BofA Global Research |
| Edser Trinidad | CGS International |
| Jan Derrick Guarin | CLSA |