Futu Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Futu Holdings has a total shareholder equity of HK$24.6B and total debt of HK$5.7B, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are HK$97.1B and HK$72.6B respectively.
Key information
23.0%
Debt to equity ratio
HK$5.65b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$50.27b |
| Equity | HK$24.57b |
| Total liabilities | HK$72.56b |
| Total assets | HK$97.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0FUT's short term assets (HK$93.1B) exceed its short term liabilities (HK$72.4B).
Long Term Liabilities: 0FUT's short term assets (HK$93.1B) exceed its long term liabilities (HK$135.5M).
Debt to Equity History and Analysis
Debt Level: 0FUT has more cash than its total debt.
Reducing Debt: 0FUT's debt to equity ratio has reduced from 143.3% to 23% over the past 5 years.
Debt Coverage: 0FUT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 0FUT's interest payments on its debt are well covered by EBIT.