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 BWP321.4M, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are BWP1.6B and BWP420.3M respectively. Far Property's EBIT is BWP145.9M making its interest coverage ratio 5.6. It has cash and short-term investments of BWP4.6M.
Key information
26.9%
Debt to equity ratio
P321.43m
Debt
| Interest coverage ratio | 5.6x |
| Cash | P4.65m |
| Equity | P1.19b |
| Total liabilities | P420.31m |
| Total assets | P1.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FPC's short term assets (BWP54.5M) do not cover its short term liabilities (BWP70.1M).
Long Term Liabilities: FPC's short term assets (BWP54.5M) do not cover its long term liabilities (BWP350.2M).
Debt to Equity History and Analysis
Debt Level: FPC's net debt to equity ratio (26.5%) is considered satisfactory.
Reducing Debt: FPC's debt to equity ratio has reduced from 70% to 26.9% over the past 5 years.
Debt Coverage: FPC's debt is well covered by operating cash flow (35.6%).
Interest Coverage: FPC's interest payments on its debt are well covered by EBIT (5.6x coverage).