TechnipFMC Balance Sheet Health
Financial Health criteria checks 6/6
TechnipFMC has a total shareholder equity of $3.0B and total debt of $1.0B, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are $9.1B and $6.0B respectively. TechnipFMC's EBIT is $707.5M making its interest coverage ratio 5.6. It has cash and short-term investments of $708.5M.
Key information
33.6%
Debt to equity ratio
US$1.02b
Debt
| Interest coverage ratio | 5.6x |
| Cash | US$708.50m |
| Equity | US$3.05b |
| Total liabilities | US$6.04b |
| Total assets | US$9.09b |
Recent financial health updates
TechnipFMC (NYSE:FTI) Has A Pretty Healthy Balance Sheet
Jan 04
TechnipFMC (NYSE:FTI) Seems To Use Debt Quite Sensibly
Sep 16Is TechnipFMC (NYSE:FTI) Using Too Much Debt?
Jan 17
Recent updates
TechnipFMC: Room To Stay Bullish With Shares Near A 5-Year High
Apr 09Take Care Before Diving Into The Deep End On TechnipFMC plc (NYSE:FTI)
Feb 19TechnipFMC: Right Place At The Right Time
Dec 27Despite Its Steep Rally, TechnipFMC Is Reasonably Valued
Oct 10TechnipFMC: Dividend Initiation Supports Bullish Outlook
Aug 03TechnipFMC: Optimistic About Subsea 2.0 Development
May 25TechnipFMC bags significant contract by TotalEnergies EP Angola for the first subsea life extension project
Feb 21TechnipFMC procures "large" iEPCI contract from Aker BP
Jan 31Strong Position In The Subsea Market Gives TechnipFMC An Edge
Jan 24TechnipFMC secures 'significant' contract by Wintershall Dea
Jan 11TechnipFMC: Show Me The Money
Dec 21TechnipFMC plc: Earnings Momentum Keeps It Interesting
Sep 29TechnipFMC wins 'significant' contract for Shell's Jackdaw project
Sep 22TechnipFMC: Deep Value Offshore
Jul 25TechnipFMC gets engineering & design study contract for Equinor's BM-C-33 Brazil project
Jul 05Miller Value Partners - TechnipFMC: Driving Efficiencies, Doubling Profits
May 04TechnipFMC (NYSE:FTI) Has A Pretty Healthy Balance Sheet
Jan 04New Project Pipeline And Alliances Will Drive TechnipFMC
Dec 11TechnipFMC plc's (NYSE:FTI) Intrinsic Value Is Potentially 64% Above Its Share Price
Dec 09TechnipFMC (NYSE:FTI) Seems To Use Debt Quite Sensibly
Sep 16TechnipFMC's Steady Orders And Cash Flow Growth Can Attract Investors
Sep 02Is There An Opportunity With TechnipFMC plc's (NYSE:FTI) 25% Undervaluation?
Aug 23The Strong Earnings Posted By TechnipFMC (NYSE:FTI) Are A Good Indication Of The Strength Of The Business
Jul 28TechnipFMC plc 2021 Q1 - Results - Earnings Call Presentation
Apr 28TechnipFMC to sell partial stake in Technip Energies
Apr 26What Do The Returns On Capital At TechnipFMC (NYSE:FTI) Tell Us?
Feb 16What You Need To Know About TechnipFMC plc's (NYSE:FTI) Investor Composition
Feb 01Is TechnipFMC (NYSE:FTI) Using Too Much Debt?
Jan 17Financial Position Analysis
Short Term Liabilities: FTI's short term assets ($4.8B) exceed its short term liabilities ($4.1B).
Long Term Liabilities: FTI's short term assets ($4.8B) exceed its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: FTI's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: FTI's debt to equity ratio has reduced from 36.9% to 33.6% over the past 5 years.
Debt Coverage: FTI's debt is well covered by operating cash flow (97.9%).
Interest Coverage: FTI's interest payments on its debt are well covered by EBIT (5.6x coverage).