FARO Technologies Balance Sheet Health
Financial Health criteria checks 5/6
FARO Technologies has a total shareholder equity of $268.6M and total debt of $72.8M, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are $504.7M and $236.1M respectively.
Key information
27.1%
Debt to equity ratio
US$72.76m
Debt
| Interest coverage ratio | n/a |
| Cash | US$96.28m |
| Equity | US$268.61m |
| Total liabilities | US$236.09m |
| Total assets | US$504.69m |
Recent financial health updates
Recent updates
Lacklustre Performance Is Driving FARO Technologies, Inc.'s (NASDAQ:FARO) Low P/S
Dec 18
Is FARO Technologies (NASDAQ:FARO) Using Debt In A Risky Way?
Aug 04FARO Technologies acquires mobile scanning firm GeoSLAM in cash-and-stock deal
Sep 01FARO Technologies Needs A Break
Jun 24FARO Technologies Casts A Good Image
Aug 04FARO enhances Digital Twin product suite with the acquisition of HoloBuilder for $34M
Jun 07Financial Position Analysis
Short Term Liabilities: FARO's short term assets ($261.6M) exceed its short term liabilities ($113.3M).
Long Term Liabilities: FARO's short term assets ($261.6M) exceed its long term liabilities ($122.8M).
Debt to Equity History and Analysis
Debt Level: FARO has more cash than its total debt.
Reducing Debt: FARO's debt to equity ratio has increased from 0% to 27.1% 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: FARO has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: FARO has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 44.3% each year