FTI Consulting Inc (FCN)
Solvency ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 1.59 | 1.56 | 1.56 | 1.62 | 1.68 | 1.78 | 1.81 | 1.80 | 1.93 | 1.87 | 1.84 | 1.82 | 1.96 | 1.95 | 1.97 | 1.96 | 1.98 | 1.90 | 1.83 | 1.80 |
FTI Consulting Inc has consistently maintained a very strong solvency position, as indicated by its low debt-to-assets, debt-to-capital, and debt-to-equity ratios, all of which remained at 0.00 throughout the reported periods. This signifies that the company has minimal debt relative to its assets, capital, and equity, indicating a low level of financial risk.
The financial leverage ratio, on the other hand, has exhibited some fluctuation over the years, starting at 1.80 in March 2020 and reaching a peak of 1.98 in December 2020 before gradually declining to 1.59 by December 2024. This ratio measures the extent to which the company relies on debt to finance its operations, with a lower ratio indicating less reliance on debt financing. Although there was some variability in the financial leverage ratio over time, it generally trended downward, suggesting a decreasing reliance on debt to support the company's growth and operations.
Overall, FTI Consulting Inc's solvency ratios reflect a stable and financially healthy position, characterized by minimal debt levels and a decreasing reliance on debt financing over the years.
Coverage ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 45.07 | 36.29 | 30.28 | 28.52 | 22.01 | 15.09 | 16.33 | 16.02 | 17.99 | 21.87 | 18.49 | 15.92 | 15.05 | 13.53 | 11.42 | 11.27 | 10.82 | 10.15 | 11.95 | 13.13 |
FTI Consulting Inc's interest coverage ratio has shown a positive trend over the past few years, indicating the company's ability to meet its interest obligations from its earnings. The interest coverage ratio increased steadily from 13.13 in March 2020 to 45.07 in December 2024, reflecting a strong financial position. This improvement suggests that the company has been generating sufficient operating income to cover its interest expenses comfortably, which is a positive sign for lenders and investors. The consistent growth in the interest coverage ratio demonstrates FTI Consulting Inc's capacity to manage its debt effectively and indicates a lower risk of default on its debt obligations.