Future FinTech Group Balance Sheet Health
Financial Health criteria checks 6/6
Future FinTech Group has a total shareholder equity of $64.0M and total debt of $3.6M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are $85.1M and $21.0M respectively.
Key information
5.7%
Debt to equity ratio
US$3.64m
Debt
| Interest coverage ratio | n/a |
| Cash | US$17.34m |
| Equity | US$64.02m |
| Total liabilities | US$21.04m |
| Total assets | US$85.06m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FTFT *'s short term assets ($65.2M) exceed its short term liabilities ($20.4M).
Long Term Liabilities: FTFT *'s short term assets ($65.2M) exceed its long term liabilities ($677.4K).
Debt to Equity History and Analysis
Debt Level: FTFT * has more cash than its total debt.
Reducing Debt: FTFT *'s debt to equity ratio has reduced from 88.8% to 5.7% 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: FTFT * has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: FTFT * has sufficient cash runway for 1 years if free cash flow continues to grow at historical rates of 4.4% each year.