Finance of America Companies Balance Sheet Health
Financial Health criteria checks 3/6
Finance of America Companies has a total shareholder equity of $255.7M and total debt of $9.4B, which brings its debt-to-equity ratio to 3677.9%. Its total assets and total liabilities are $27.7B and $27.4B respectively.
Key information
3,677.9%
Debt to equity ratio
US$9.41b
Debt
Interest coverage ratio | n/a |
Cash | US$48.23m |
Equity | US$255.72m |
Total liabilities | US$27.43b |
Total assets | US$27.68b |
Recent financial health updates
Recent updates
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 09Finance of America stock soars after index inclusion, Raymond James upgrade
Jun 15Financial Position Analysis
Short Term Liabilities: FOA's short term assets ($27.2B) exceed its short term liabilities ($20.6M).
Long Term Liabilities: FOA's short term assets ($27.2B) do not cover its long term liabilities ($27.4B).
Debt to Equity History and Analysis
Debt Level: FOA's net debt to equity ratio (3659.1%) is considered high.
Reducing Debt: FOA's debt to equity ratio has increased from 672.8% to 3677.9% 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 FOA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FOA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42.4% per year.