Forestar Group Balance Sheet Health
Financial Health criteria checks 3/6
Forestar Group has a total shareholder equity of $1.5B and total debt of $705.7M, which brings its debt-to-equity ratio to 47.9%. Its total assets and total liabilities are $2.6B and $1.1B respectively. Forestar Group's EBIT is $246.7M making its interest coverage ratio -11.6. It has cash and short-term investments of $416.2M.
Key information
47.9%
Debt to equity ratio
US$705.70m
Debt
| Interest coverage ratio | -11.6x |
| Cash | US$416.20m |
| Equity | US$1.47b |
| Total liabilities | US$1.13b |
| Total assets | US$2.60b |
Recent financial health updates
Is Forestar Group (NYSE:FOR) A Risky Investment?
Sep 16
Is 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 11These 4 Measures Indicate That Forestar Group (NYSE:FOR) Is Using Debt Extensively
Feb 23Is Forestar Group (NYSE:FOR) A Risky Investment?
Nov 20Recent updates
Forestar 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 18Forestar added to Citi's Catalyst Watch list amid rising lot prices
Jun 18Forestar Group (NYSE:FOR) Takes On Some Risk With Its Use Of Debt
Apr 30Forestar Group Inc. 2021 Q2 - Results - Earnings Call Presentation
Apr 21I Ran A Stock Scan For Earnings Growth And Forestar Group (NYSE:FOR) Passed With Ease
Mar 15The Forestar Group (NYSE:FOR) Share Price Has Gained 97% And Shareholders Are Hoping For More
Feb 25Have Insiders Been Buying Forestar Group Inc. (NYSE:FOR) Shares?
Feb 10
Does Forestar Group (NYSE:FOR) Have A Healthy Balance Sheet?
Jan 28Financial Position Analysis
Short Term Liabilities: FOR's short term assets ($466.3M) exceed its short term liabilities ($202.5M).
Long Term Liabilities: FOR's short term assets ($466.3M) do not cover its long term liabilities ($923.3M).
Debt to Equity History and Analysis
Debt Level: FOR's net debt to equity ratio (19.7%) is considered satisfactory.
Reducing Debt: FOR's debt to equity ratio has increased from 21.7% to 47.9% over the past 5 years.
Debt Coverage: FOR's debt is not well covered by operating cash flow (18%).
Interest Coverage: FOR earns more interest than it pays, so coverage of interest payments is not a concern.