Frontage Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Frontage Holdings has a total shareholder equity of $345.1M and total debt of $81.4M, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are $571.9M and $226.7M respectively. Frontage Holdings's EBIT is $20.2M making its interest coverage ratio 3.8. It has cash and short-term investments of $54.6M.
Key information
23.6%
Debt to equity ratio
US$81.44m
Debt
Interest coverage ratio | 3.8x |
Cash | US$54.60m |
Equity | US$345.15m |
Total liabilities | US$226.72m |
Total assets | US$571.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1521's short term assets ($141.6M) exceed its short term liabilities ($99.6M).
Long Term Liabilities: 1521's short term assets ($141.6M) exceed its long term liabilities ($127.1M).
Debt to Equity History and Analysis
Debt Level: 1521's net debt to equity ratio (7.8%) is considered satisfactory.
Reducing Debt: 1521's debt to equity ratio has increased from 10.7% to 23.6% over the past 5 years.
Debt Coverage: 1521's debt is well covered by operating cash flow (48.8%).
Interest Coverage: 1521's interest payments on its debt are well covered by EBIT (3.8x coverage).