Ferguson Balance Sheet Health
Financial Health criteria checks 4/6
Ferguson has a total shareholder equity of $5.4B and total debt of $3.7B, which brings its debt-to-equity ratio to 69.1%. Its total assets and total liabilities are $15.7B and $10.3B respectively. Ferguson's EBIT is $2.6B making its interest coverage ratio 14.2. It has cash and short-term investments of $639.0M.
Key information
69.1%
Debt to equity ratio
US$3.75b
Debt
| Interest coverage ratio | 14.2x |
| Cash | US$639.00m |
| Equity | US$5.42b |
| Total liabilities | US$10.27b |
| Total assets | US$15.69b |
Recent financial health updates
Here's Why Ferguson (NYSE:FERG) Can Manage Its Debt Responsibly
Sep 19
Ferguson (NYSE:FERG) Seems To Use Debt Quite Sensibly
Jun 09Here's Why Ferguson (NYSE:FERG) Can Manage Its Debt Responsibly
Feb 16Recent updates
Should You Investigate Ferguson plc (NYSE:FERG) At US$218?
Apr 12Here's What Ferguson's (NYSE:FERG) Strong Returns On Capital Mean
Mar 31Ferguson plc's (NYSE:FERG) Intrinsic Value Is Potentially 21% Below Its Share Price
Mar 18Ferguson: Weaker Demand And Elevated Valuation Make This HVAC Distributor A Hold
Mar 08Ferguson plc's (NYSE:FERG) Share Price Could Signal Some Risk
Jan 08Is Now An Opportune Moment To Examine Ferguson plc (NYSE:FERG)?
Dec 25Ferguson: Has The Momentum
Dec 24Ferguson (NYSE:FERG) Is Increasing Its Dividend To $0.79
Dec 12Ferguson plc (NYSE:FERG) First-Quarter Results: Here's What Analysts Are Forecasting For This Year
Dec 10Ferguson (NYSE:FERG) Looks To Prolong Its Impressive Returns
Dec 05Ferguson plc's (NYSE:FERG) CEO Looks Due For A Compensation Raise
Nov 23Right Tail Capital - Ferguson: An Investment That Can Compound At A Mid-Teens Rate
Oct 19Ferguson Facing Tougher Markets, But Still Well-Placed For Long-Term Growth
Oct 12Calculating The Intrinsic Value Of Ferguson plc (NYSE:FERG)
Oct 12Here's Why Ferguson (NYSE:FERG) Can Manage Its Debt Responsibly
Sep 19Returns On Capital Are A Standout For Ferguson (NYSE:FERG)
Aug 24Ferguson: A Must-Own Stock For Long-Term Investors
Aug 07Is It Time To Consider Buying Ferguson plc (NYSE:FERG)?
Jul 30Ferguson: Long-Term Compounder Facing Housing Market Downturn
Jul 10Ferguson plc (NYSE:FERG) Shares Could Be 34% Above Their Intrinsic Value Estimate
Jun 22Ferguson Will Soon Become A Must-Know Stock
Jun 14Ferguson (NYSE:FERG) Seems To Use Debt Quite Sensibly
Jun 09Under The Bonnet, Ferguson's (NYSE:FERG) Returns Look Impressive
May 16At US$137, Is Ferguson plc (NYSE:FERG) Worth Looking At Closely?
Apr 23Benign Growth For Ferguson plc (NYSE:FERG) Underpins Its Share Price
Apr 11Is Now The Time To Put Ferguson (NYSE:FERG) On Your Watchlist?
Mar 31Calculating The Fair Value Of Ferguson plc (NYSE:FERG)
Feb 27Here's Why Ferguson (NYSE:FERG) Can Manage Its Debt Responsibly
Feb 16Ferguson: We Might See Slow Revenue Growth In FY23
Dec 22Ferguson goes ex-dividend tomorrow
Dec 14Ferguson decrease quarterly dividend by -60.7% to $0.75/share
Dec 07Nelson Peltz's Trian fund pares stakes in Ferguson, Sysco
Nov 14Ferguson increases liquidity by $800M
Oct 13Ferguson notifies share buyback program
Oct 05Ferguson reports Q4 results
Sep 27Right Tail Capital - Ferguson Plc: Improving By Subtraction
Jul 27Ferguson: Staying Resilient Through The Cycles
Jul 08Merion Road - Ferguson PLC: An Inherently Stable Business
Apr 22Ferguson: Outlining The Path To Medium-Term Upside
Feb 22Ferguson: Maximizing Shareholder Returns
Dec 09Financial Position Analysis
Short Term Liabilities: FERG's short term assets ($8.6B) exceed its short term liabilities ($4.8B).
Long Term Liabilities: FERG's short term assets ($8.6B) exceed its long term liabilities ($5.5B).
Debt to Equity History and Analysis
Debt Level: FERG's net debt to equity ratio (57.3%) is considered high.
Reducing Debt: FERG's debt to equity ratio has increased from 60.3% to 69.1% over the past 5 years.
Debt Coverage: FERG's debt is well covered by operating cash flow (64.5%).
Interest Coverage: FERG's interest payments on its debt are well covered by EBIT (14.2x coverage).