Freedom Holding Balance Sheet Health
Financial Health criteria checks 3/6
Freedom Holding has a total shareholder equity of $606.9M and total debt of $1.2B, which brings its debt-to-equity ratio to 189.7%. Its total assets and total liabilities are $3.8B and $3.2B respectively.
Key information
189.7%
Debt to equity ratio
US$1.15b
Debt
Interest coverage ratio | n/a |
Cash | US$2.33b |
Equity | US$606.92m |
Total liabilities | US$3.19b |
Total assets | US$3.80b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DMW2's short term assets ($3.4B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: DMW2's short term assets ($3.4B) exceed its long term liabilities ($345.0M).
Debt to Equity History and Analysis
Debt Level: DMW2 has more cash than its total debt.
Reducing Debt: DMW2's debt to equity ratio has increased from 129.5% to 189.7% over the past 5 years.
Debt Coverage: DMW2's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if DMW2's interest payments on its debt are well covered by EBIT.