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Technipfmc Plc's Leverage Ratio
FTI's quarterly Leverage Ratio and Total Liabilities, Equity growth
Despite a net increase in borrowings by 1.65%, Technipfmc Plc managed to enhance Leverage Ratio in the forth quarter 2023 to 2.06, surpassing the average for Technipfmc Plc's Leverage Ratio.
Within Miscellaneous Fabricated Products industry in the forth quarter 2023, 23 other companies have achieved lower Leverage Ratio than Technipfmc Plc in the IV Quarter 2023. While Leverage Ratio total ranking has deteriorated compared to the third quarter 2023 from 277 to 1371 .
Explain Leverage Ratio?
Who are FTI Customers?
What are FTI´s Total Liabilities?
Select the Comparisons :
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Select the Ratio:
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FTI Leverage Ratio |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Equity Change |
-3.19 % |
-2.03 % |
-6.37 % |
-7.1 % |
-4.15 % |
Y / Y Total Liabilities Change |
5.09 % |
9 % |
9.41 % |
-3.85 % |
-6.25 % |
Leverage Ratio MRQ |
2.06 |
2.06 |
2.08 |
1.95 |
1.89 |
FTI's Total
Ranking |
# 1371 |
# 277 |
# 493 |
# 252 |
# 1010 |
Seq. Equity Change |
2 % |
-0.68 % |
-3.44 % |
-1.04 % |
3.23 % |
Seq. Total Liabilities Change |
1.65 % |
-1.34 % |
2.63 % |
2.11 % |
5.43 % |
Leverage Ratio forth quarter 2023 Company Ranking |
Within: |
No. |
Miscellaneous Fabricated Products Industry |
# 24 |
Basic Materials Sector |
# 135 |
Overall Market |
# 1371 |
Leverage Ratio Statistics |
High |
Average |
Low |
4.15 |
2.03 |
0.76 |
(March 31, 2009) |
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(Sep 30 2018) |
Cumulative Technipfmc Plc's Leverage Ratio
FTI's Leverage Ratio for the trailling 12 Months
FTI Leverage Ratio |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Equity TTM Growth |
-3.19 % |
-2.03 % |
-6.37 % |
-7.1 % |
-4.15 % |
Y / Y Total Liabilities TTM Growth |
5.09 % |
9 % |
9.41 % |
-3.85 % |
-6.25 % |
Leverage Ratio TTM |
2.04 |
1.99 |
1.94 |
1.87 |
1.85 |
Total
Ranking TTM |
# 44
| # 2585
| # 12
| # 3
| # 13
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Seq. Equity TTM Growth |
2 % |
-0.68 % |
-3.44 % |
-1.04 % |
3.23 % |
Seq. Total Liabilities TTM Growth |
1.65 % |
-1.34 % |
2.63 % |
2.11 % |
5.43 % |
On the trailing twelve months basis Due to the net new borrowings of 1.65% during the trailing twelve months finishing in the IV Quarter 2023, cumulativeLeverage Ratio improved to 2.04, above the Technipfmc Plc's average Leverage Ratio. Leverage Ratio is the average cumulative value over the last four quarters.
Among companies in the Miscellaneous Fabricated Products industry only one has achieved lower Leverage Ratio. While Leverage Ratio total ranking has improved so far to 44, from total ranking in previous 12 month period at 2585.
Explain Leverage Ratio?
Who are FTI Customers?
What are FTI´s Total Liabilities?
TTM Leverage Ratio Company Ranking |
Within: |
No. |
Within the Miscellaneous Fabricated Products Industry |
# 2 |
Basic Materials Sector |
# 9 |
Within the Market |
# 44 |
trailing twelve months Leverage Ratio Statistics |
High |
Average |
Low |
1 |
0.43 |
0.01 | (Dec 31 2020) |
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(March 31, 2016) |
Companies with similar Leverage Ratio in the quarter ending Dec 31 2023, within Miscellaneous Fabricated Products Industry | Leverage Ratio | Dec 31 2023 MRQ Total Liabilities | Dec 31 2023 MRQ Equity | Weatherford International Plc | 4.30 | $ 3,967.000 Millions | $ 922.000 Millions | Novelis Inc | 2.62 | $ 10,193.000 Millions | $ 3,886.000 Millions | Matthews International Corp | 2.51 | $ 1,276.948 Millions | $ 508.809 Millions | Technipfmc Plc | 2.06 | $ 6,519.900 Millions | $ 3,172.100 Millions | Tredegar Corporation | 1.87 | $ 290.808 Millions | $ 155.653 Millions | Parker hannifin Corporation | 1.63 | $ 18,392.357 Millions | $ 11,312.379 Millions | Greif Inc | 1.61 | $ 3,287.100 Millions | $ 2,036.400 Millions | Janus International Group Inc | 1.59 | $ 828.700 Millions | $ 519.600 Millions | Howmet Aerospace Inc | 1.58 | $ 6,391.000 Millions | $ 4,037.000 Millions | Valmont Industries Inc | 1.57 | $ 2,123.168 Millions | $ 1,354.280 Millions | Timken Co | 1.32 | $ 3,553.900 Millions | $ 2,702.400 Millions | Regal Rexnord Corporation | 1.25 | $ 7,968.700 Millions | $ 6,365.100 Millions | Crane Nxt Co | 1.21 | $ 1,165.400 Millions | $ 964.000 Millions | Generac Holdings Inc | 1.17 | $ 2,750.242 Millions | $ 2,343.070 Millions | American Superconductor Corp | 1.09 | $ 86.818 Millions | $ 79.525 Millions | Mueller Water Products Inc | 0.99 | $ 726.500 Millions | $ 731.200 Millions | Baker Hughes Company | 0.93 | $ 14,450.000 Millions | $ 15,519.000 Millions | Solaris Oilfield Infrastructure inc | 0.83 | $ 262.314 Millions | $ 315.580 Millions | Apogee Enterprises Inc | 0.81 | $ 369.071 Millions | $ 455.731 Millions | Enpro Inc | 0.69 | $ 969.100 Millions | $ 1,409.700 Millions | Superior Drilling Products Inc | 0.62 | $ 10.382 Millions | $ 16.655 Millions | Crane Company | 0.61 | $ 833.100 Millions | $ 1,360.300 Millions | Newpark Resources Inc | 0.55 | $ 226.972 Millions | $ 415.364 Millions | Oil States International Inc | 0.47 | $ 336.941 Millions | $ 709.545 Millions |
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