Firan Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Firan Technology Group has a total shareholder equity of CA$68.1M and total debt of CA$10.6M, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are CA$128.2M and CA$60.1M respectively. Firan Technology Group's EBIT is CA$15.4M making its interest coverage ratio 7. It has cash and short-term investments of CA$8.4M.
Key information
15.5%
Debt to equity ratio
CA$10.57m
Debt
| Interest coverage ratio | 7x |
| Cash | CA$8.36m |
| Equity | CA$68.10m |
| Total liabilities | CA$60.08m |
| Total assets | CA$128.18m |
Recent financial health updates
Firan Technology Group (TSE:FTG) Has A Pretty Healthy Balance Sheet
Dec 01
Here's Why Firan Technology Group (TSE:FTG) Can Manage Its Debt Responsibly
Dec 28Here's Why Firan Technology Group (TSE:FTG) Can Manage Its Debt Responsibly
Jun 03Is Firan Technology Group (TSE:FTG) A Risky Investment?
Mar 05Recent updates
Does Firan Technology Group (TSE:FTG) Deserve A Spot On Your Watchlist?
Oct 10Firan Technology Group Corporation Just Beat Revenue Estimates By 7.6%
Apr 17With EPS Growth And More, Firan Technology Group (TSE:FTG) Makes An Interesting Case
Mar 15Firan Technology Group Corporation (TSE:FTG) Shares Fly 26% But Investors Aren't Buying For Growth
Feb 22Is Now An Opportune Moment To Examine Firan Technology Group Corporation (TSE:FTG)?
Jan 27Firan Technology Group (TSE:FTG) Has A Pretty Healthy Balance Sheet
Dec 01There's Been No Shortage Of Growth Recently For Firan Technology Group's (TSE:FTG) Returns On Capital
Jul 01Is It Time To Consider Buying Firan Technology Group Corporation (TSE:FTG)?
Sep 17Is Now An Opportune Moment To Examine Firan Technology Group Corporation (TSE:FTG)?
May 26Firan Technology Group (TSE:FTG) Is Reinvesting At Lower Rates Of Return
Mar 27Here's Why Firan Technology Group (TSE:FTG) Can Manage Its Debt Responsibly
Dec 28Firan Technology Group (TSE:FTG) Might Be Having Difficulty Using Its Capital Effectively
Dec 04Firan Technology Group Corporation (TSE:FTG) Just Reported, And Analysts Assigned A CA$3.50 Price Target
Jul 16Here's Why Firan Technology Group (TSE:FTG) Can Manage Its Debt Responsibly
Jun 03Here's Why I Think Firan Technology Group (TSE:FTG) Is An Interesting Stock
May 19Firan Technology Group (TSE:FTG) Will Be Hoping To Turn Its Returns On Capital Around
May 04We Think Some Shareholders May Hesitate To Increase Firan Technology Group Corporation's (TSE:FTG) CEO Compensation
Apr 14Why Firan Technology Group Corporation (TSE:FTG) Could Be Worth Watching
Mar 26Is Firan Technology Group (TSE:FTG) A Risky Investment?
Mar 05Here's Why Firan Technology Group's (TSE:FTG) Statutory Earnings Are Arguably Too Conservative
Feb 12Firan Technology Group Corporation's (TSE:FTG) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Jan 18At CA$2.04, Is It Time To Put Firan Technology Group Corporation (TSE:FTG) On Your Watch List?
Dec 23How Much Are Firan Technology Group Corporation (TSE:FTG) Insiders Spending On Buying Shares?
Nov 27Financial Position Analysis
Short Term Liabilities: FTG's short term assets (CA$78.8M) exceed its short term liabilities (CA$31.0M).
Long Term Liabilities: FTG's short term assets (CA$78.8M) exceed its long term liabilities (CA$29.1M).
Debt to Equity History and Analysis
Debt Level: FTG's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: FTG's debt to equity ratio has increased from 12.8% to 15.5% over the past 5 years.
Debt Coverage: FTG's debt is well covered by operating cash flow (133.1%).
Interest Coverage: FTG's interest payments on its debt are well covered by EBIT (7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:39 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/08/30 |
| Annual Earnings | 2023/11/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Firan Technology Group Corporation is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nick Corcoran | Acumen Capital Finance Partners Limited |
| Noel Atkinson | Clarus Securities Inc. |
| Daniel Kim | Paradigm Capital, Inc. |