First Fintec Balance Sheet Health
Financial Health criteria checks 5/6
First Fintec has a total shareholder equity of ₹105.9M and total debt of ₹2.4M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are ₹122.4M and ₹16.5M respectively.
Key information
2.2%
Debt to equity ratio
₹2.36m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹170.00k |
| Equity | ₹105.91m |
| Total liabilities | ₹16.45m |
| Total assets | ₹122.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532379's short term assets (₹12.5M) exceed its short term liabilities (₹2.7M).
Long Term Liabilities: 532379's short term assets (₹12.5M) do not cover its long term liabilities (₹13.7M).
Debt to Equity History and Analysis
Debt Level: 532379's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: 532379's debt to equity ratio has reduced from 2.3% to 2.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 532379 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 532379 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 67.7% per year.