Fluor Balance Sheet Health
Financial Health criteria checks 6/6
Fluor has a total shareholder equity of $2.2B and total debt of $1.1B, which brings its debt-to-equity ratio to 50.6%. Its total assets and total liabilities are $6.8B and $4.6B respectively. Fluor's EBIT is $379.0M making its interest coverage ratio -2.3. It has cash and short-term investments of $2.7B.
Key information
50.6%
Debt to equity ratio
US$1.14b
Debt
| Interest coverage ratio | -2.3x |
| Cash | US$2.71b |
| Equity | US$2.24b |
| Total liabilities | US$4.57b |
| Total assets | US$6.81b |
Recent financial health updates
Fluor (NYSE:FLR) Has A Rock Solid Balance Sheet
Aug 23
Here's Why Fluor (NYSE:FLR) Can Manage Its Debt Responsibly
Mar 25Is Fluor (NYSE:FLR) A Risky Investment?
Dec 07Fluor (NYSE:FLR) Takes On Some Risk With Its Use Of Debt
Jul 03Is Fluor (NYSE:FLR) A Risky Investment?
Mar 31Fluor (NYSE:FLR) Seems To Use Debt Quite Sensibly
Aug 10Recent updates
Fluor: Right To Remain Conservative, Market Underperformance
Sep 23At US$44.04, Is Fluor Corporation (NYSE:FLR) Worth Looking At Closely?
Sep 10Fluor (NYSE:FLR) Has A Rock Solid Balance Sheet
Aug 23Results: Fluor Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
Aug 05Getting In Cheap On Fluor Corporation (NYSE:FLR) Might Be Difficult
Jun 28Fluor: This Could Be A Great Time To Cash In
Jun 27Fluor Corporation's (NYSE:FLR) Intrinsic Value Is Potentially 79% Above Its Share Price
Jun 10Fluor's (NYSE:FLR) Returns Have Hit A Wall
Apr 30Fluor: Reiterating 'Buy' Rating Due To Growing Reimbursable Backlog And Robust Pipeline
Apr 11Here's Why Fluor (NYSE:FLR) Can Manage Its Debt Responsibly
Mar 25Fluor Corporation's (NYSE:FLR) Share Price Matching Investor Opinion
Feb 24Fluor (NYSE:FLR) Might Have The Makings Of A Multi-Bagger
Jan 22Fluor Corporation: Evidence Supports Statistical Upside Advantage For 1-3 Years Horizon
Jan 15Estimating The Intrinsic Value Of Fluor Corporation (NYSE:FLR)
Jan 06Is Fluor (NYSE:FLR) A Risky Investment?
Dec 07Fluor Corporation: A Hedge Against Hurricanes And Inflation
Oct 31Fluor Corporation: Looking For Growth Across All Segments
Oct 04Fluor: Energy Segment Continuing To Drive The Company Forward
Sep 19A Look At The Fair Value Of Fluor Corporation (NYSE:FLR)
Sep 04Fluor (NYSE:FLR) Could Be Struggling To Allocate Capital
Aug 14Fluor (NYSE:FLR) Takes On Some Risk With Its Use Of Debt
Jul 03Fluor: Improving Backlog To Continue To Drive Shares Northward
Jul 01Calculating The Fair Value Of Fluor Corporation (NYSE:FLR)
Jun 05Is Fluor (NYSE:FLR) A Risky Investment?
Mar 31Returns At Fluor (NYSE:FLR) Are On The Way Up
Mar 08Fluor Q4 2022 Earnings Preview
Feb 20A Look At The Fair Value Of Fluor Corporation (NYSE:FLR)
Feb 15Fluor - Remaining Conservative Despite The Trend
Jan 27We Think Fluor's (NYSE:FLR) Healthy Earnings Might Be Conservative
Nov 17Fluor: I Believe The Market Is Overreacting
Nov 13Estimating The Fair Value Of Fluor Corporation (NYSE:FLR)
Nov 03Fluor Q3 2022 Earnings Preview
Nov 03Fluor bags contract for Imperial renewable diesel project in Canada
Oct 24Fluor leads biologics manufacturing facility expansion in Scandinavia
Sep 29Fluor's (NYSE:FLR) Returns On Capital Are Heading Higher
Sep 22Fluor: The 'Hold' Stance Paid Off - A Better Valuation
Aug 31Fluor (NYSE:FLR) Seems To Use Debt Quite Sensibly
Aug 10Fluor Q2 2022 Earnings Preview
Aug 04Is There An Opportunity With Fluor Corporation's (NYSE:FLR) 42% Undervaluation?
Jul 20Fluor Corporation: A First Take
Jun 18Capital Allocation Trends At Fluor (NYSE:FLR) Aren't Ideal
Jun 08Is Fluor (NYSE:FLR) A Risky Investment?
Apr 25Fluor: A Risky, 25%+ Annual Upside Growth Story
Apr 08Is There An Opportunity With Fluor Corporation's (NYSE:FLR) 42% Undervaluation?
Mar 29Fluor's (NYSE:FLR) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Mar 08Financial Position Analysis
Short Term Liabilities: FLR's short term assets ($5.0B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: FLR's short term assets ($5.0B) exceed its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: FLR has more cash than its total debt.
Reducing Debt: FLR's debt to equity ratio has reduced from 68% to 50.6% over the past 5 years.
Debt Coverage: FLR's debt is well covered by operating cash flow (42.4%).
Interest Coverage: FLR earns more interest than it pays, so coverage of interest payments is not a concern.