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 ratio | n/a |
| Cash | US$31.02k |
| Equity | -US$13.04m |
| Total liabilities | US$59.89m |
| Total assets | US$46.85m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FRXB has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: FRXB 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 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: FRXB's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: FRXB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FRXB's interest payments on its debt are well covered by EBIT.