First Fintec Balance Sheet Health
Financial Health criteria checks 3/6
First Fintec has a total shareholder equity of ₹107.6M and total debt of ₹9.4M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are ₹131.2M and ₹23.6M respectively.
Key information
8.7%
Debt to equity ratio
₹9.36m
Debt
Interest coverage ratio | n/a |
Cash | ₹70.00k |
Equity | ₹107.61m |
Total liabilities | ₹23.56m |
Total assets | ₹131.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532379's short term assets (₹20.3M) exceed its short term liabilities (₹9.9M).
Long Term Liabilities: 532379's short term assets (₹20.3M) exceed its long term liabilities (₹13.7M).
Debt to Equity History and Analysis
Debt Level: 532379's net debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: 532379's debt to equity ratio has increased from 1.6% to 8.7% 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: 532379 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 532379 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 45% each year