FARO Technologies Balance Sheet Health
Financial Health criteria checks 5/6
FARO Technologies has a total shareholder equity of $262.0M and total debt of $72.9M, which brings its debt-to-equity ratio to 27.8%. Its total assets and total liabilities are $492.3M and $230.3M respectively.
Key information
27.8%
Debt to equity ratio
US$72.87m
Debt
| Interest coverage ratio | n/a |
| Cash | US$99.28m |
| Equity | US$261.98m |
| Total liabilities | US$230.32m |
| Total assets | US$492.30m |
Recent financial health updates
Health Check: How Prudently Does FARO Technologies (NASDAQ:FARO) Use Debt?
Jul 17
Is FARO Technologies (NASDAQ:FARO) Using Debt In A Risky Way?
Aug 04Recent updates
Health Check: How Prudently Does FARO Technologies (NASDAQ:FARO) Use Debt?
Jul 17Lacklustre Performance Is Driving FARO Technologies, Inc.'s (NASDAQ:FARO) Low P/S
Dec 18Is 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 ($256.4M) exceed its short term liabilities ($108.9M).
Long Term Liabilities: FARO's short term assets ($256.4M) exceed its long term liabilities ($121.4M).
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 27.8% 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: Whilst unprofitable FARO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FARO is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 38.1% per year.