Forum Pacific Balance Sheet Health
Financial Health criteria checks 1/6
Forum Pacific has a total shareholder equity of ₱333.9M and total debt of ₱4.7M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ₱342.0M and ₱8.1M respectively.
Key information
1.4%
Debt to equity ratio
₱4.67m
Debt
Interest coverage ratio | n/a |
Cash | ₱1.04m |
Equity | ₱333.94m |
Total liabilities | ₱8.10m |
Total assets | ₱342.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FPI's short term assets (₱1.1M) do not cover its short term liabilities (₱3.4M).
Long Term Liabilities: FPI's short term assets (₱1.1M) do not cover its long term liabilities (₱4.7M).
Debt to Equity History and Analysis
Debt Level: FPI's net debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: FPI's debt to equity ratio has increased from 0% to 1.4% over the past 5 years.
Debt Coverage: FPI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FPI's interest payments on its debt are well covered by EBIT.