Fomento de Construcciones y Contratas Balance Sheet Health
Financial Health criteria checks 4/6
Fomento de Construcciones y Contratas has a total shareholder equity of €5.2B and total debt of €5.0B, which brings its debt-to-equity ratio to 95.7%. Its total assets and total liabilities are €16.0B and €10.8B respectively. Fomento de Construcciones y Contratas's EBIT is €907.5M making its interest coverage ratio 9.8. It has cash and short-term investments of €1.6B.
Key information
95.7%
Debt to equity ratio
€4.99b
Debt
Interest coverage ratio | 9.8x |
Cash | €1.56b |
Equity | €5.22b |
Total liabilities | €10.75b |
Total assets | €15.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FMOC.F's short term assets (€5.8B) exceed its short term liabilities (€4.7B).
Long Term Liabilities: FMOC.F's short term assets (€5.8B) do not cover its long term liabilities (€6.0B).
Debt to Equity History and Analysis
Debt Level: FMOC.F's net debt to equity ratio (65.7%) is considered high.
Reducing Debt: FMOC.F's debt to equity ratio has reduced from 574.5% to 95.7% over the past 5 years.
Debt Coverage: FMOC.F's debt is well covered by operating cash flow (26.2%).
Interest Coverage: FMOC.F's interest payments on its debt are well covered by EBIT (9.8x coverage).