Fintech Select Balance Sheet Health
Financial Health criteria checks 5/6
Fintech Select has a total shareholder equity of CA$35.8K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.1M and CA$1.1M respectively. Fintech Select's EBIT is CA$289.7K making its interest coverage ratio 3255. It has cash and short-term investments of CA$337.0K.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | 3255x |
| Cash | CA$337.02k |
| Equity | CA$35.85k |
| Total liabilities | CA$1.09m |
| Total assets | CA$1.13m |
Recent financial health updates
No updates
Recent updates
Little Excitement Around Fintech Select Ltd.'s (CVE:FTEC) Earnings
May 02
Calculating The Fair Value Of Fintech Select Ltd. (CVE:FTEC)
Oct 19A Look At The Intrinsic Value Of Fintech Select Ltd. (CVE:FTEC)
Mar 10Does Fintech Select (CVE:FTEC) Deserve A Spot On Your Watchlist?
Aug 03Estimating The Fair Value Of Fintech Select Ltd. (CVE:FTEC)
Sep 02Financial Position Analysis
Short Term Liabilities: FTEC's short term assets (CA$1.0M) do not cover its short term liabilities (CA$1.1M).
Long Term Liabilities: FTEC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FTEC is debt free.
Reducing Debt: FTEC currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: FTEC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FTEC has no debt, therefore coverage of interest payments is not a concern.