Forest Road Acquisition Corp. II

NYSE:FRXB.U Stock Report

Market Cap: US$137.9m

Forest Road Acquisition II Balance Sheet Health

Financial Health criteria checks 0/6

Forest Road Acquisition II has a total shareholder equity of $-13.0M and total debt of $400.0K, which brings its debt-to-equity ratio to -3.1%. Its total assets and total liabilities are $46.8M and $59.9M respectively.

Key information

-3.1%

Debt to equity ratio

US$400.00k

Debt

Interest coverage ration/a
CashUS$31.02k
Equity-US$13.04m
Total liabilitiesUS$59.89m
Total assetsUS$46.85m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: FRXB.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: FRXB.U has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: FRXB.U has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: FRXB.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: FRXB.U's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if FRXB.U's interest payments on its debt are well covered by EBIT.


Balance Sheet


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