FactSet Research Systems Balance Sheet Health
Financial Health criteria checks 4/6
FactSet Research Systems has a total shareholder equity of $1.9B and total debt of $1.4B, which brings its debt-to-equity ratio to 71.4%. Its total assets and total liabilities are $4.1B and $2.1B respectively. FactSet Research Systems's EBIT is $706.0M making its interest coverage ratio 13.8. It has cash and short-term investments of $492.6M.
Key information
71.4%
Debt to equity ratio
US$1.37b
Debt
| Interest coverage ratio | 13.8x |
| Cash | US$492.60m |
| Equity | US$1.91b |
| Total liabilities | US$2.14b |
| Total assets | US$4.06b |
Recent financial health updates
No updates
Recent updates
Is Now The Time To Put FactSet Research Systems (NYSE:FDS) On Your Watchlist?
Oct 11
FactSet Research Systems: A Resilient Business For The Long Term
Oct 01FactSet Research Systems: Growth Runway Is Clear Ahead
Sep 21FactSet: Consider Investing In This Soon-To-Be Dividend Aristocrat
Aug 26FactSet Research Systems Inc.'s (NYSE:FDS) P/E Is On The Mark
Aug 09FactSet Research Systems: Rating Upgrade As Demand Environment Should Get Better Soon
Jul 23FactSet Research Systems Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Jun 25FactSet: Competitive Pressures And AI Challenges Ahead
Jun 17Is Now The Time To Put FactSet Research Systems (NYSE:FDS) On Your Watchlist?
Jun 10FactSet Research Systems: Layoffs Affecting Licensing Revenue
Apr 03FactSet Research Systems Inc.'s (NYSE:FDS) Share Price Matching Investor Opinion
Mar 29FactSet Research Systems: ASV Growth Will Likely Be Weak In FY 2024, Initiate With 'Buy'
Mar 22FactSet Research Systems: No, We Are Not Past The Worst Yet
Jan 18FactSet Research Systems Inc.'s (NYSE:FDS) Popularity With Investors Is Under Threat From Overpricing
Dec 18Factset: A High-Quality Compounder
Dec 17Here's Why FactSet Research Systems (NYSE:FDS) Has Caught The Eye Of Investors
Nov 09FactSet Research Systems: Business Is Nowhere Near The Trough Yet
Oct 04FactSet Research Systems: A Prudent Dividend Choice
Sep 27We Ran A Stock Scan For Earnings Growth And FactSet Research Systems (NYSE:FDS) Passed With Ease
Aug 09FactSet Research: One Of The Best Dividend Growth Stocks That You've Never Heard Of
Jul 18FactSet Research Systems: Everyone Should Know About This Company
Jun 29FactSet: Financial Services SaaS That Is Still A Good Long-Term Buy
May 24If EPS Growth Is Important To You, FactSet Research Systems (NYSE:FDS) Presents An Opportunity
May 07Financial Position Analysis
Short Term Liabilities: FDS's short term assets ($835.8M) exceed its short term liabilities ($667.1M).
Long Term Liabilities: FDS's short term assets ($835.8M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: FDS's net debt to equity ratio (45.7%) is considered high.
Reducing Debt: FDS's debt to equity ratio has reduced from 85.4% to 71.4% over the past 5 years.
Debt Coverage: FDS's debt is well covered by operating cash flow (51.3%).
Interest Coverage: FDS's interest payments on its debt are well covered by EBIT (13.8x coverage).