First Abacus Financial Holdings Balance Sheet Health
Financial Health criteria checks 3/6
First Abacus Financial Holdings has a total shareholder equity of ₱462.9M and total debt of ₱6.1B, which brings its debt-to-equity ratio to 1307.5%. Its total assets and total liabilities are ₱6.9B and ₱6.5B respectively.
Key information
1,307.5%
Debt to equity ratio
₱6.05b
Debt
| Interest coverage ratio | n/a |
| Cash | ₱1.69b |
| Equity | ₱462.88m |
| Total liabilities | ₱6.46b |
| Total assets | ₱6.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FAF's short term assets (₱4.1B) do not cover its short term liabilities (₱6.5B).
Long Term Liabilities: FAF has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FAF's net debt to equity ratio (941.7%) is considered high.
Reducing Debt: FAF's debt to equity ratio has increased from 862.6% to 1307.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable FAF has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FAF is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.9% per year.