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Financial Integrity

It’s important to ask for Proof of Financial Strength when researching any retirement community, and Foulkeways is no exception.

  • Always ask for their Standard & Poor’s Rating.
    Foulkeways is rated BBB
  • Ask about the number of “Days Cash on Hand.” This figure represents how long a community could operate with no additional revenue and is a good indication of financial health and stability.
    At the end of 2014, Foulkeways had 443 Days Cash on Hand. The average community has 353 days.
  • Ask about the community’s Cash to Debt Ratio. It is expressed as a percentage and shows how much cash a community has in relation to how much debt it has.
    At the end of 2014, Foulkeways cash is 78.0% of its debt. The average community rated BBB is 61.3%. This means that Foulkeways has enough cash to cover 78% of its debt.

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