Foraco International Stock

Foraco International Liabilities 2024

Foraco International Liabilities

193.81 M USD

Ticker

FAR.TO

ISIN

FR0010492199

In 2024, Foraco International's total liabilities amounted to 193.81 M USD, a 5.12% difference from the 184.36 M USD total liabilities in the previous year.

Foraco International Aktienanalyse

What does Foraco International do?

Foraco International SA is a global company in the field of drilling and exploration technology. Its activities include drilling water, gas and oil wells, drilling holes for the exploration of mineral resources, as well as conducting geotechnical investigations in the construction and infrastructure sector. The company is headquartered in Marseille, France, and operates more than 220 drilling rigs worldwide. The history of Foraco began in 1962 in Canada when the company was founded under the name "Mining Technologies International." Under the leadership of the Lacroix family, the company quickly expanded into other countries. In 1990, it changed its name to Forages et Exploitations Minières (Foraco) and was listed on the Paris Stock Exchange. In the following years, the company grew through acquisitions and expansion into new markets and industries. In 2010, it was listed on the Paris Stock Exchange again and expanded its presence to five continents. Foraco's business model is based on providing drilling and exploration technology services to customers from various industries. Its key customers include companies in the mining, oil and gas, environmental, and geotechnical sectors. The company offers a wide range of drilling services, including diamond drilling, reverse circulation drilling, conventional drilling, DTH drilling, drilling with water treatment plants, as well as testing and monitoring services. Foraco has several divisions focusing on different market segments. The main divisions include Africa and Europe; Latin America; Asia-Pacific; and North America. Each division is capable of conducting drilling projects in all industries, but the focus is on their respective specialized areas. Foraco takes pride in owning a wide range of drilling equipment, from small portable drilling devices to heavy drilling rigs. It is able to handle all substrate and geological conditions and drilling depths, from shallow drilling to depths of several kilometers. The company also strives to provide its services to customers in an environmentally friendly manner. Foraco uses modern technologies for emissions reduction and continuously updates its drilling equipment to reduce energy consumption. For example, the company has developed a system to improve water quality during drilling while reducing water consumption and waste products. In addition to drilling services, Foraco also offers turnkey project solutions. Its experts are able to plan, design, construct, and complete entire projects to meet specific customer requirements. It goes without saying that they utilize their experience in mining, oil and gas well development, and geotechnical investigation of soil and rock to find solutions tailored to the needs of their customers. Overall, Foraco International SA has strengthened its position as a global market leader due to its ability to offer top-notch drilling services and turnkey project solutions. The company has also earned a good reputation in terms of sustainability and environmentally friendly practices, particularly in an industry that is often associated with negative environmental impacts and poor perception. Foraco will certainly continue to be an important player in the drilling and exploration technology sector by expanding its capabilities and services and bringing innovations to the market to meet the growing demand. Foraco International ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Foraco International's Liabilities

Foraco International's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Foraco International's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Foraco International's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Foraco International's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Foraco International’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Foraco International stock

What is the level of liabilities of Foraco International this year?

Foraco International has a debt balance of 193.81 M USD this year.

What were the liabilities of Foraco International compared to the previous year?

The liabilities of Foraco International have increased by 5.12% increased compared to the previous year.

What are the consequences of high debt for investors of Foraco International?

High liabilities can pose a risk for investors of Foraco International, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Foraco International?

Low liabilities mean that Foraco International has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Foraco International affect the company?

An increase in liabilities of Foraco International can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Foraco International affect the company?

A decrease in the liabilities of Foraco International can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Foraco International?

Some factors that can influence the liabilities of Foraco International include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Foraco International so important for investors?

The liabilities of Foraco International are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Foraco International take to modify the liabilities?

To change its liabilities, Foraco International can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Foraco International pay?

Over the past 12 months, Foraco International paid a dividend of 0.06 USD . This corresponds to a dividend yield of about 3.72 %. For the coming 12 months, Foraco International is expected to pay a dividend of 0 USD.

What is the dividend yield of Foraco International?

The current dividend yield of Foraco International is 3.72 %.

When does Foraco International pay dividends?

Foraco International pays a quarterly dividend. This is distributed in the months of June, May, June, May.

How secure is the dividend of Foraco International?

Foraco International paid dividends every year for the past 2 years.

What is the dividend of Foraco International?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Foraco International located?

Foraco International is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Foraco International kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Foraco International from 7/18/2024 amounting to 0.06 USD, you needed to have the stock in your portfolio before the ex-date on 4/22/2024.

When did Foraco International pay the last dividend?

The last dividend was paid out on 7/18/2024.

What was the dividend of Foraco International in the year 2023?

In the year 2023, Foraco International distributed 0 USD as dividends.

In which currency does Foraco International pay out the dividend?

The dividends of Foraco International are distributed in USD.

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Andere Kennzahlen von Foraco International

Our stock analysis for Foraco International Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Foraco International Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.