What does current ratio mean?

Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

Finance of America Companies FOA Current ratio

Discontinued — last reported Q1 '21

Current ratio at other companies

Better Home & FinanceBETR

0.1×+0.1×

Comstock Holding Companies, Inc.CHCI

9.5×-1.1×

Other financials

Income statement

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Revenue$120.1M-27.5%

Net income$17.5M-42.0%

EPS (diluted)$0.88-63.8%

Balance sheet

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Cash & equivalents$376.6M+49.5%

Total debt$899.3M-10.9%

Total equity$438.1M+10.9%

Total assets$31.3B+5.5%

Cash flow

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Operating cash flow-$130.9M-42.1%

CapEx$461.0K-76.0%

Free cash flow-$132.7M-160%

Valuation

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Market cap$244.7M-4.9%

Enterprise value$767.43M-30.1%

P/E3.4×—

P/S0.5×—

Profitability

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Operating margin-0.5%—

Net margin-858.3%-1,072pp

FCF margin883.8%+882pp

Returns & leverage

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Return on equity-58.5%+115pp

Debt / equity2.1×-0.5×

Where this comes from

Calculated from Finance of America Companies’s reported figures.

total current assets/total current liabilities=0.1×

Based on the most recent quarter.

The official record: Finance of America Companies’s 10-K, filed March 16, 2023, on SEC EDGAR. View the filing →

Questions, answered.

What does current ratio mean?: Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.