Firm Capital Apartment Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 4/6
Firm Capital Apartment Real Estate Investment Trust has a total shareholder equity of $49.3M and total debt of $46.3M, which brings its debt-to-equity ratio to 93.8%. Its total assets and total liabilities are $101.7M and $52.4M respectively. Firm Capital Apartment Real Estate Investment Trust's EBIT is $1.9M making its interest coverage ratio 0.6. It has cash and short-term investments of $18.3M.
Key information
93.8%
Debt to equity ratio
US$46.27m
Debt
| Interest coverage ratio | 0.6x |
| Cash | US$18.30m |
| Equity | US$49.30m |
| Total liabilities | US$52.38m |
| Total assets | US$101.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FCAF.F's short term assets ($73.7M) exceed its short term liabilities ($42.2M).
Long Term Liabilities: FCAF.F's short term assets ($73.7M) exceed its long term liabilities ($10.2M).
Debt to Equity History and Analysis
Debt Level: FCAF.F's net debt to equity ratio (56.7%) is considered high.
Reducing Debt: FCAF.F's debt to equity ratio has increased from 29.9% to 93.8% 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: FCAF.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: FCAF.F has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 0.8% each year