Freedom Holding Balance Sheet Health
Financial Health criteria checks 3/6
Freedom Holding has a total shareholder equity of $1.0B and total debt of $3.2B, which brings its debt-to-equity ratio to 303.6%. Its total assets and total liabilities are $7.4B and $6.4B respectively.
Key information
303.6%
Debt to equity ratio
US$3.16b
Debt
Interest coverage ratio | n/a |
Cash | US$4.24b |
Equity | US$1.04b |
Total liabilities | US$6.41b |
Total assets | US$7.45b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DMW2's short term assets ($6.9B) exceed its short term liabilities ($5.3B).
Long Term Liabilities: DMW2's short term assets ($6.9B) exceed its long term liabilities ($1.1B).
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 88.6% to 303.6% 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.