FOS Capital Balance Sheet Health
Financial Health criteria checks 4/6
FOS Capital has a total shareholder equity of A$9.4M and total debt of A$2.8M, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are A$18.9M and A$9.5M respectively. FOS Capital's EBIT is A$776.5K making its interest coverage ratio 7.9. It has cash and short-term investments of A$1.2M.
Key information
30.0%
Debt to equity ratio
AU$2.83m
Debt
| Interest coverage ratio | 7.9x |
| Cash | AU$1.23m |
| Equity | AU$9.43m |
| Total liabilities | AU$9.47m |
| Total assets | AU$18.90m |
Recent financial health updates
Recent updates
Optimistic Investors Push FOS Capital Limited (ASX:FOS) Shares Up 33% But Growth Is Lacking
Apr 25
Does FOS Capital (ASX:FOS) Have A Healthy Balance Sheet?
Apr 03FOS Capital Limited's (ASX:FOS) 31% Share Price Surge Not Quite Adding Up
Dec 27Subdued Growth No Barrier To FOS Capital Limited's (ASX:FOS) Price
Sep 09Financial Position Analysis
Short Term Liabilities: FOS's short term assets (A$11.9M) exceed its short term liabilities (A$7.5M).
Long Term Liabilities: FOS's short term assets (A$11.9M) exceed its long term liabilities (A$1.9M).
Debt to Equity History and Analysis
Debt Level: FOS's net debt to equity ratio (17%) is considered satisfactory.
Reducing Debt: FOS's debt to equity ratio has increased from 0% to 30% over the past 5 years.
Debt Coverage: FOS's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: FOS's interest payments on its debt are well covered by EBIT (7.9x coverage).