FTG Holdings Balance Sheet Health
Financial Health criteria checks 2/6
FTG Holdings has a total shareholder equity of KES1.3B and total debt of KES1.7B, which brings its debt-to-equity ratio to 134.4%. Its total assets and total liabilities are KES3.9B and KES2.6B respectively. FTG Holdings's EBIT is KES239.7M making its interest coverage ratio 0.8. It has cash and short-term investments of KES51.7M.
Key information
134.4%
Debt to equity ratio
KSh1.73b
Debt
| Interest coverage ratio | 0.8x |
| Cash | KSh51.66m |
| Equity | KSh1.28b |
| Total liabilities | KSh2.60b |
| Total assets | KSh3.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FTGH's short term assets (KES2.0B) exceed its short term liabilities (KES1.8B).
Long Term Liabilities: FTGH's short term assets (KES2.0B) exceed its long term liabilities (KES753.9M).
Debt to Equity History and Analysis
Debt Level: FTGH's net debt to equity ratio (130.4%) is considered high.
Reducing Debt: FTGH's debt to equity ratio has increased from 38.4% to 134.4% over the past 5 years.
Debt Coverage: FTGH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FTGH's interest payments on its debt are not well covered by EBIT (0.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 04:45 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
FTG Holdings Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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