Foraco International Balance Sheet Health
Financial Health criteria checks 5/6
Foraco International has a total shareholder equity of $90.1M and total debt of $94.9M, which brings its debt-to-equity ratio to 105.4%. Its total assets and total liabilities are $262.8M and $172.7M respectively. Foraco International's EBIT is $58.4M making its interest coverage ratio 5.4. It has cash and short-term investments of $22.0M.
Key information
105.4%
Debt to equity ratio
US$94.95m
Debt
| Interest coverage ratio | 5.4x |
| Cash | US$21.96m |
| Equity | US$90.06m |
| Total liabilities | US$172.73m |
| Total assets | US$262.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3F3's short term assets ($134.9M) exceed its short term liabilities ($96.3M).
Long Term Liabilities: 3F3's short term assets ($134.9M) exceed its long term liabilities ($76.5M).
Debt to Equity History and Analysis
Debt Level: 3F3's net debt to equity ratio (81%) is considered high.
Reducing Debt: 3F3's debt to equity ratio has reduced from 370.2% to 105.4% over the past 5 years.
Debt Coverage: 3F3's debt is well covered by operating cash flow (41.4%).
Interest Coverage: 3F3's interest payments on its debt are well covered by EBIT (5.4x coverage).