Far Property Balance Sheet Health
Financial Health criteria checks 4/6
Far Property has a total shareholder equity of BWP1.2B and total debt of BWP352.3M, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are BWP1.8B and BWP522.5M respectively. Far Property's EBIT is BWP151.4M making its interest coverage ratio 5.3. It has cash and short-term investments of BWP19.8M.
Key information
28.4%
Debt to equity ratio
P352.30m
Debt
| Interest coverage ratio | 5.3x |
| Cash | P19.83m |
| Equity | P1.24b |
| Total liabilities | P522.52m |
| Total assets | P1.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FPC-EQU's short term assets (BWP74.8M) do not cover its short term liabilities (BWP139.2M).
Long Term Liabilities: FPC-EQU's short term assets (BWP74.8M) do not cover its long term liabilities (BWP383.3M).
Debt to Equity History and Analysis
Debt Level: FPC-EQU's net debt to equity ratio (26.8%) is considered satisfactory.
Reducing Debt: FPC-EQU's debt to equity ratio has reduced from 65.8% to 28.4% over the past 5 years.
Debt Coverage: FPC-EQU's debt is well covered by operating cash flow (33.2%).
Interest Coverage: FPC-EQU's interest payments on its debt are well covered by EBIT (5.3x coverage).