Forestar Group Balance Sheet Health
Financial Health criteria checks 4/6
Forestar Group has a total shareholder equity of $1.6B and total debt of $706.4M, which brings its debt-to-equity ratio to 44.3%. Its total assets and total liabilities are $2.8B and $1.2B respectively. Forestar Group's EBIT is $240.8M making its interest coverage ratio -12.2. It has cash and short-term investments of $481.2M.
Key information
44.3%
Debt to equity ratio
US$706.40m
Debt
| Interest coverage ratio | -12.2x |
| Cash | US$481.20m |
| Equity | US$1.60b |
| Total liabilities | US$1.25b |
| Total assets | US$2.84b |
Recent financial health updates
Does Forestar Group (NYSE:FOR) Have A Healthy Balance Sheet?
Aug 26
Is Forestar Group (NYSE:FOR) Using Too Much Debt?
May 23Is Forestar Group (NYSE:FOR) A Risky Investment?
Sep 16Is Forestar Group (NYSE:FOR) Using Too Much Debt?
Jun 08These 4 Measures Indicate That Forestar Group (NYSE:FOR) Is Using Debt Extensively
Jan 12Forestar Group (NYSE:FOR) Takes On Some Risk With Its Use Of Debt
Jun 11Recent updates
At US$29.34, Is Forestar Group Inc. (NYSE:FOR) Worth Looking At Closely?
Nov 19Forestar Group: Benefitting From Constraints On Residential Lot Supply
Sep 22Does Forestar Group (NYSE:FOR) Have A Healthy Balance Sheet?
Aug 26Forestar Group Inc.'s (NYSE:FOR) Share Price Is Matching Sentiment Around Its Earnings
Aug 08Is There Now An Opportunity In Forestar Group Inc. (NYSE:FOR)?
Jun 10Is Forestar Group (NYSE:FOR) Using Too Much Debt?
May 23Forestar Group Stock To Benefit From The Real Estate Shortage
Apr 29Results: Forestar Group Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Apr 26Does This Valuation Of Forestar Group Inc. (NYSE:FOR) Imply Investors Are Overpaying?
Feb 10Forestar Group: Homebuilders Are Primed For A Strong 2024, Buy While Still Cheap
Feb 05Why Forestar Group Inc. (NYSE:FOR) Could Be Worth Watching
Jan 23Forestar Group Inc.'s (NYSE:FOR) Price Is Right But Growth Is Lacking
Jan 03Forestar Group: Undervalued Even After Recent Price Surge
Nov 21Is Forestar Group (NYSE:FOR) A Risky Investment?
Sep 16Is Now An Opportune Moment To Examine Forestar Group Inc. (NYSE:FOR)?
Aug 18Forestar Group: Linchpin Of The Resurgent Home Building Sector
Jul 26Forecast: Analysts Think Forestar Group Inc.'s (NYSE:FOR) Business Prospects Have Improved Drastically
Jul 26Is Forestar Group (NYSE:FOR) Using Too Much Debt?
Jun 08Forestar: Headcount Growth And Lot Price Increase Could Imply Undervaluation
Jun 08These Analysts Just Made A Meaningful Downgrade To Their Forestar Group Inc. (NYSE:FOR) EPS Forecasts
Jan 30Forestar Group Will Be A Stronger Buy Than D.R. Horton
Jan 19These 4 Measures Indicate That Forestar Group (NYSE:FOR) Is Using Debt Extensively
Jan 12Forestar Group GAAP EPS of $1.02 beats by $0.54, revenue of $381.4M beats by $91.63M
Nov 09Forestar Group: A Contrarian's Best Bet Amongst The Homebuilders
Oct 09Forestar promotes Mark Walker to COO
Sep 30Forestar Group Inc. (NYSE:FOR) Analysts Are Reducing Their Forecasts For Next Year
Jul 26Forestar Group Q3 2022 Earnings Preview
Jul 18Forestar Group (NYSE:FOR) Takes On Some Risk With Its Use Of Debt
Jun 11Should You Investigate Forestar Group Inc. (NYSE:FOR) At US$15.16?
May 10Forestar: Land Developer Is A Top Inflation-Fighting Stock
Apr 23These 4 Measures Indicate That Forestar Group (NYSE:FOR) Is Using Debt Extensively
Feb 23Forestar Group: The Growth Stock You've Never Heard Of
Feb 04Is It Time To Consider Buying Forestar Group Inc. (NYSE:FOR)?
Jan 29Is Forestar Group (NYSE:FOR) A Risky Investment?
Nov 20Does Forestar Group (NYSE:FOR) Deserve A Spot On Your Watchlist?
Nov 04Forestar Is A Buy Ahead Of Earnings
Oct 27Here's Why We Think Forestar Group (NYSE:FOR) Is Well Worth Watching
Jul 18Financial Position Analysis
Short Term Liabilities: FOR's short term assets ($481.2M) exceed its short term liabilities ($298.8M).
Long Term Liabilities: FOR's short term assets ($481.2M) do not cover its long term liabilities ($946.2M).
Debt to Equity History and Analysis
Debt Level: FOR's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: FOR's debt to equity ratio has reduced from 56.9% to 44.3% over the past 5 years.
Debt Coverage: FOR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FOR earns more interest than it pays, so coverage of interest payments is not a concern.