Firm Capital Apartment Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 4/6
Firm Capital Apartment Real Estate Investment Trust has a total shareholder equity of $53.9M and total debt of $45.2M, which brings its debt-to-equity ratio to 84%. Its total assets and total liabilities are $124.3M and $70.5M respectively. Firm Capital Apartment Real Estate Investment Trust's EBIT is $3.8M making its interest coverage ratio 0.9. It has cash and short-term investments of $14.0M.
Key information
84.0%
Debt to equity ratio
US$45.25m
Debt
Interest coverage ratio | 0.9x |
Cash | US$13.99m |
Equity | US$53.88m |
Total liabilities | US$70.47m |
Total assets | US$124.35m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FCA.UN's short term assets ($102.5M) exceed its short term liabilities ($47.6M).
Long Term Liabilities: FCA.UN's short term assets ($102.5M) exceed its long term liabilities ($22.9M).
Debt to Equity History and Analysis
Debt Level: FCA.UN's net debt to equity ratio (58%) is considered high.
Reducing Debt: FCA.UN's debt to equity ratio has increased from 50.1% to 84% 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: Whilst unprofitable FCA.UN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FCA.UN is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 31.3% per year.