Forrester Research Balance Sheet Health
Financial Health criteria checks 4/6
Forrester Research has a total shareholder equity of $234.3M and total debt of $35.0M, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are $505.3M and $270.9M respectively. Forrester Research's EBIT is $5.6M making its interest coverage ratio 1.8. It has cash and short-term investments of $114.9M.
Key information
14.9%
Debt to equity ratio
US$35.00m
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$114.93m |
| Equity | US$234.33m |
| Total liabilities | US$270.93m |
| Total assets | US$505.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FFR's short term assets ($193.9M) do not cover its short term liabilities ($198.0M).
Long Term Liabilities: FFR's short term assets ($193.9M) exceed its long term liabilities ($72.9M).
Debt to Equity History and Analysis
Debt Level: FFR has more cash than its total debt.
Reducing Debt: FFR's debt to equity ratio has reduced from 89.4% to 14.9% over the past 5 years.
Debt Coverage: FFR's debt is well covered by operating cash flow (28.1%).
Interest Coverage: FFR's interest payments on its debt are not well covered by EBIT (1.8x coverage).