Forward Pharma Balance Sheet Health
Financial Health criteria checks 3/6
Forward Pharma has a total shareholder equity of $62.1M and total debt of $2.9M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are $65.6M and $3.6M respectively.
Key information
4.7%
Debt to equity ratio
US$2.95m
Debt
Interest coverage ratio | n/a |
Cash | US$65.28m |
Equity | US$62.08m |
Total liabilities | US$3.56m |
Total assets | US$65.64m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1FPB's short term assets ($65.6M) exceed its short term liabilities ($3.6M).
Long Term Liabilities: 1FPB has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1FPB has more cash than its total debt.
Reducing Debt: 1FPB's debt to equity ratio has increased from 0% to 4.7% over the past 5 years.
Debt Coverage: 1FPB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1FPB's interest payments on its debt are well covered by EBIT.