Fortescue Metals Group Ltd
ASX:FMG
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Fortescue Metals Group Ltd
ASX:FMG
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AU |
Bankruptcy Probability
Fortescue Metals Group Ltd's probability of bankruptcy is 1%, making a collapse highly unlikely. The solvency score is 60/100 — a warning sign of potential financial weakness.
We take all the information about a company's solvency, such as how easily it can pay interest on outstanding debt, how much cash it has, the amount of debt, and more, and use it to estimate the probability of bankruptcy.
Solvency Ratios
Solvency Ratios Comparison
Fortescue Metals Group Ltd Competitors
| Country | Company | Market Cap | D/E | D/A |
Interest Coverage |
Altman Z-Score |
Quick Ratio |
Current Ratio |
Cash Ratio |
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|---|---|---|---|---|---|---|---|---|---|---|---|
| AU |
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Fortescue Metals Group Ltd
ASX:FMG
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61.6B AUD |
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| UK |
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Rio Tinto PLC
LSE:RIO
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119.9B GBP |
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| ZA |
K
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Kumba Iron Ore Ltd
JSE:KIO
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101.9B ZAR |
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| US |
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Freeport-McMoRan Inc
NYSE:FCX
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82.8B USD |
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| BR |
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Vale SA
BOVESPA:VALE3
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334.6B BRL |
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| US |
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Nucor Corp
NYSE:NUE
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53.1B USD |
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| LU |
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ArcelorMittal SA
AEX:MT
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37.7B EUR |
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| AU |
F
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Fortescue Ltd
XMUN:FVJ
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37.5B EUR |
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| US |
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Steel Dynamics Inc
NASDAQ:STLD
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34.4B USD |
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| IN |
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JSW Steel Ltd
NSE:JSWSTEEL
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3.1T INR |
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| IN |
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Tata Steel Ltd
NSE:TATASTEEL
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2.6T INR |
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Fortescue Metals Group Ltd's probability of bankruptcy is 1%, making a collapse highly unlikely.
The probability of bankruptcy is estimated using credit risk models that assess financial health, debt levels, interest coverage, and other solvency indicators.
As of the latest report, Fortescue Metals Group Ltd has total debt of 5.5B USD. This includes both short-term (0 USD) and long-term (5.5B USD) debt.
You can find a full breakdown on its Balance Sheet.
