Findev Balance Sheet Health
Financial Health criteria checks 5/6
Findev has a total shareholder equity of CA$25.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$25.9M and CA$383.4K respectively. Findev's EBIT is CA$3.4M making its interest coverage ratio 3408.2. It has cash and short-term investments of CA$309.4K.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | 3408.2x |
Cash | CA$309.45k |
Equity | CA$25.52m |
Total liabilities | CA$383.42k |
Total assets | CA$25.90m |
Recent financial health updates
No updates
Recent updates
Findev (CVE:FDI) Will Pay A Dividend Of CA$0.0075
Jul 05Findev's (CVE:FDI) Dividend Will Be CA$0.0075
Jun 16Findev (CVE:FDI) Is Due To Pay A Dividend Of CA$0.0075
Apr 29Findev (CVE:FDI) Is Due To Pay A Dividend Of CA$0.0075
Apr 15Improved Earnings Required Before Findev Inc. (CVE:FDI) Stock's 30% Jump Looks Justified
Jan 18Findev (CVE:FDI) Is Paying Out A Dividend Of CA$0.0075
Dec 28Findev (CVE:FDI) Has Announced A Dividend Of CA$0.0075
Dec 13Findev (CVE:FDI) Will Pay A Dividend Of CA$0.0075
Sep 29Findev (CVE:FDI) Has Announced A Dividend Of CA$0.0075
Aug 28Findev (CVE:FDI) Is Due To Pay A Dividend Of CA$0.0075
Jun 30Findev (CVE:FDI) Will Pay A Dividend Of CA$0.0075
May 11Findev (CVE:FDI) Has Announced A Dividend Of CA$0.0075
Jan 01Findev (CVE:FDI) Will Pay A Dividend Of CA$0.0075
Sep 30Findev's (CVE:FDI) Dividend Will Be CA$0.0075
Jul 29Findev (CVE:FDI) Is Due To Pay A Dividend Of CA$0.0075
Jul 01This Is Why We Think Findev Inc.'s (CVE:FDI) CEO Might Get A Pay Rise Approved By Shareholders
Jun 24Findev (CVE:FDI) Will Pay A Dividend Of CA$0.0075
Jun 06Be Sure To Check Out Findev Inc. (CVE:FDI) Before It Goes Ex-Dividend
Mar 20Findev Inc. (CVE:FDI) Passed Our Checks, And It's About To Pay A CA$0.0075 Dividend
Dec 25Financial Position Analysis
Short Term Liabilities: FDI's short term assets (CA$25.1M) exceed its short term liabilities (CA$383.4K).
Long Term Liabilities: FDI's short term assets (CA$25.1M) do not cover its long term liabilities (CA$-2.0).
Debt to Equity History and Analysis
Debt Level: FDI is debt free.
Reducing Debt: FDI had no debt 5 years ago.
Debt Coverage: FDI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FDI has no debt, therefore coverage of interest payments is not a concern.