FosRich Balance Sheet Health
Financial Health criteria checks 3/6
FosRich has a total shareholder equity of JMD2.1B and total debt of JMD2.5B, which brings its debt-to-equity ratio to 117.1%. Its total assets and total liabilities are JMD6.8B and JMD4.7B respectively. FosRich's EBIT is JMD464.3M making its interest coverage ratio 2.1. It has cash and short-term investments of JMD137.1M.
Key information
117.1%
Debt to equity ratio
JA$2.48b
Debt
| Interest coverage ratio | 2.1x |
| Cash | JA$137.13m |
| Equity | JA$2.12b |
| Total liabilities | JA$4.69b |
| Total assets | JA$6.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FOSRICH's short term assets (JMD4.5B) exceed its short term liabilities (JMD2.2B).
Long Term Liabilities: FOSRICH's short term assets (JMD4.5B) exceed its long term liabilities (JMD2.5B).
Debt to Equity History and Analysis
Debt Level: FOSRICH's net debt to equity ratio (110.7%) is considered high.
Reducing Debt: FOSRICH's debt to equity ratio has reduced from 145.1% to 117.1% over the past 5 years.
Debt Coverage: FOSRICH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FOSRICH's interest payments on its debt are not well covered by EBIT (2.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 13:19 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
FosRich Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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