Five Point Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Five Point Holdings has a total shareholder equity of $2.0B and total debt of $583.4M, which brings its debt-to-equity ratio to 29%. Its total assets and total liabilities are $2.9B and $858.6M respectively. Five Point Holdings's EBIT is $29.9M making its interest coverage ratio -3.1. It has cash and short-term investments of $232.7M.
Key information
29.0%
Debt to equity ratio
US$583.37m
Debt
Interest coverage ratio | -3.1x |
Cash | US$232.68m |
Equity | US$2.01b |
Total liabilities | US$858.63m |
Total assets | US$2.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FP9's short term assets ($2.6B) exceed its short term liabilities ($26.3M).
Long Term Liabilities: FP9's short term assets ($2.6B) exceed its long term liabilities ($832.3M).
Debt to Equity History and Analysis
Debt Level: FP9's net debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: FP9's debt to equity ratio has reduced from 30.8% to 29% over the past 5 years.
Debt Coverage: FP9's debt is well covered by operating cash flow (25.6%).
Interest Coverage: FP9 earns more interest than it pays, so coverage of interest payments is not a concern.