Foresta Group Holding Balance Sheet Health
Financial Health criteria checks 4/6
Foresta Group Holding has a total shareholder equity of A$7.9M and total debt of A$60.9K, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are A$10.4M and A$2.5M respectively.
Key information
0.8%
Debt to equity ratio
AU$60.92k
Debt
Interest coverage ratio | n/a |
Cash | AU$881.05k |
Equity | AU$7.88m |
Total liabilities | AU$2.50m |
Total assets | AU$10.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FGH's short term assets (A$2.7M) exceed its short term liabilities (A$1.1M).
Long Term Liabilities: FGH's short term assets (A$2.7M) exceed its long term liabilities (A$1.4M).
Debt to Equity History and Analysis
Debt Level: FGH has more cash than its total debt.
Reducing Debt: FGH's debt to equity ratio has reduced from 17.5% to 0.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FGH has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FGH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25.5% each year