FDM Group (Holdings) Balance Sheet Health
Financial Health criteria checks 6/6
FDM Group (Holdings) has a total shareholder equity of £78.1M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £126.7M and £48.6M respectively. FDM Group (Holdings)'s EBIT is £42.0M making its interest coverage ratio 83. It has cash and short-term investments of £53.1M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | 83x |
Cash | UK£53.12m |
Equity | UK£78.13m |
Total liabilities | UK£48.61m |
Total assets | UK£126.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FDDM.F's short term assets (£89.0M) exceed its short term liabilities (£38.8M).
Long Term Liabilities: FDDM.F's short term assets (£89.0M) exceed its long term liabilities (£9.8M).
Debt to Equity History and Analysis
Debt Level: FDDM.F is debt free.
Reducing Debt: FDDM.F has not had any debt for past 5 years.
Debt Coverage: FDDM.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FDDM.F has no debt, therefore coverage of interest payments is not a concern.