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 21A Bounce Coming For Finance Of America
Sep 09Financial 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.