Forise International Balance Sheet Health
Financial Health criteria checks 6/6
Forise International has a total shareholder equity of SGD1.2M and total debt of SGD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SGD1.5M and SGD284.0K respectively. Forise International's EBIT is SGD104.0K making its interest coverage ratio -17.3. It has cash and short-term investments of SGD1.1M.
Key information
0%
Debt to equity ratio
S$0
Debt
| Interest coverage ratio | -17.3x |
| Cash | S$1.09m |
| Equity | S$1.21m |
| Total liabilities | S$284.00k |
| Total assets | S$1.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8A1's short term assets (SGD1.5M) exceed its short term liabilities (SGD284.0K).
Long Term Liabilities: 8A1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8A1 is debt free.
Reducing Debt: 8A1 had no debt 5 years ago.
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: 8A1 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 8A1 has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 7.7% each year.