First Abacus Financial Holdings Balance Sheet Health
Financial Health criteria checks 3/6
First Abacus Financial Holdings has a total shareholder equity of ₱1.0B and total debt of ₱6.3B, which brings its debt-to-equity ratio to 626.7%. Its total assets and total liabilities are ₱7.9B and ₱6.9B respectively.
Key information
626.7%
Debt to equity ratio
₱6.27b
Debt
Interest coverage ratio | n/a |
Cash | ₱2.38b |
Equity | ₱1.00b |
Total liabilities | ₱6.91b |
Total assets | ₱7.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FAF's short term assets (₱5.0B) do not cover its short term liabilities (₱6.9B).
Long Term Liabilities: FAF's short term assets (₱5.0B) exceed its long term liabilities (₱43.4M).
Debt to Equity History and Analysis
Debt Level: FAF's net debt to equity ratio (388.7%) is considered high.
Reducing Debt: FAF's debt to equity ratio has increased from 375.9% to 626.7% 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 0.4% per year.