# Financial Health Ratios — Debt-to-Equity, Liquidity & Balance-Sheet Strength

> Financial health ratios measure whether a company can meet its obligations and survive a downturn. Debt-to-equity (leverage), the current ratio (short-term liquidity), and free cash flow (the cash to service debt) are the core measures — a sound balance sheet lets a business keep investing and paying dividends through hard times.

## Guides in this cluster

- [Debt-to-Equity (D/E)](https://foliofundamentals.com/learn/debt-to-equity) — How much leverage sits behind the business.
- [Free Cash Flow](https://foliofundamentals.com/learn/fcf) — The cash that services debt and funds dividends.
- [Reading a Balance Sheet](https://foliofundamentals.com/blog/how-to-read-a-balance-sheet) — Assets, liabilities, and the health ratios.

## More financial health metrics (coming soon)

Current Ratio, Quick Ratio, Interest Coverage

## How this fits

Financial Health is one of the five pillars of the FolioFundamentals Fundamental Score. See how to analyze stocks (/learn/how-to-analyze-stocks) and the other pillars: Valuation (/stocks/valuation), Profitability (/stocks/profitability), Growth (/stocks/growth), Financial Health (/stocks/financial-health).

Analyze any stock free: https://foliofundamentals.com/analyzer