Finance of America Companies Balance Sheet Health
Financial Health criteria checks 2/6
Finance of America Companies has a total shareholder equity of $456.5M and total debt of $10.0B, which brings its debt-to-equity ratio to 2196.8%. Its total assets and total liabilities are $29.0B and $28.5B respectively.
Key information
2,196.8%
Debt to equity ratio
US$10.03b
Debt
| Interest coverage ratio | n/a |
| Cash | US$44.26m |
| Equity | US$456.46m |
| Total liabilities | US$28.49b |
| Total assets | US$28.95b |
Recent financial health updates
Recent updates
Industry Analysts Just Made A Massive Upgrade To Their Finance of America Companies Inc. (NYSE:FOA) Revenue Forecasts
Jun 02
These Analysts Think Finance Of America Companies Inc.'s (NYSE:FOA) Sales Are Under Threat
Aug 17Finance of America to sell its commercial lending business to Roc Capital
Feb 21Finance of America surges after deal to acquire assets of American Advisors
Dec 07Finance of America Non-GAAP EPS of -$0.10, revenue of $71.1M
Nov 09The Consensus EPS Estimates For Finance Of America Companies Inc. (NYSE:FOA) Just Fell A Lot
Aug 11Finance Of America Companies Inc. (NYSE:FOA) Analysts Just Trimmed Their Revenue Forecasts By 16%
May 12Finance of America: Why There Is A Lot To Like About This Stock
Sep 21Financial Position Analysis
Short Term Liabilities: FOA's short term assets ($28.5B) exceed its short term liabilities ($267.5M).
Long Term Liabilities: FOA's short term assets ($28.5B) exceed its long term liabilities ($28.2B).
Debt to Equity History and Analysis
Debt Level: FOA's net debt to equity ratio (2187.1%) is considered high.
Reducing Debt: FOA's debt to equity ratio has increased from 852.8% to 2196.8% over the past 5 years.
Debt Coverage: FOA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FOA's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 23:25 |
| End of Day Share Price | 2024/12/19 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Finance of America Companies Inc. is covered by 4 analysts. 2 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 |
|---|---|
| Douglas Harter | Credit Suisse |
| Ryan Nash | Goldman Sachs |
| James Faucette | Morgan Stanley |