Fintec Global Berhad Balance Sheet Health

Financial Health criteria checks 6/6

Fintec Global Berhad has a total shareholder equity of MYR234.8M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR240.8M and MYR6.0M respectively.

Key information

Debt to equity ratio

RM 0

Debt

Interest coverage ratio	n/a
Cash	RM 40.96m
Equity	RM 234.84m
Total liabilities	RM 5.99m
Total assets	RM 240.83m

Recent financial health updates

No updates

Recent updates

Fintec Global Berhad's (KLSE:FINTEC) CEO Compensation Is Looking A Bit Stretched At The Moment

Nov 22

Financial Position Analysis

Short Term Liabilities: FINTEC's short term assets (MYR67.3M) exceed its short term liabilities (MYR5.1M).

Long Term Liabilities: FINTEC's short term assets (MYR67.3M) exceed its long term liabilities (MYR910.8K).

Debt to Equity History and Analysis

Debt Level: FINTEC is debt free.

Reducing Debt: FINTEC had no debt 5 years ago.

Debt Coverage: FINTEC has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: FINTEC has no debt, therefore coverage of interest payments is not a concern.

Fintec Global Berhad Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Fintec Global Berhad's (KLSE:FINTEC) CEO Compensation Is Looking A Bit Stretched At The Moment

Fintec Global Berhad, Annual General Meeting, Nov 29, 2024

New minor risk - Shareholder dilution

New major risk - Revenue and earnings growth

Third quarter 2024 earnings released: RM0.14 loss per share (vs RM0.029 loss in 3Q 2023)

Second quarter 2024 earnings released: RM0.003 loss per share (vs RM0.001 profit in 2Q 2023)

New major risk - Market cap size

First quarter 2024 earnings released: EPS: RM0.006 (vs RM0.006 loss in 1Q 2023)

Fintec Global Berhad, Annual General Meeting, Nov 28, 2023

Full year 2023 earnings released: RM0.005 loss per share (vs RM0.016 loss in FY 2022)

Third quarter 2023 earnings released: RM0.001 loss per share (vs RM0.013 loss in 3Q 2022)

Second quarter 2023 earnings released: EPS: RM0.001 (vs RM0.013 loss in 2Q 2022)

Fintec Global Berhad Announces Resignation of Chu Chee as Independent and Non Executive Chairman of Remuneration Committee

First quarter 2023 earnings released: RM0.006 loss per share (vs RM0.25 loss in 1Q 2022)

Full year 2022 earnings released: RM0.016 loss per share (vs RM0.11 loss in FY 2021)

Fintec Global Berhad, Annual General Meeting, Dec 08, 2022

Fintec Global Berhad Reports Property, Plant and Equipment Written Off for the Quarter Ended June 30, 2022

Full year 2021 earnings released: RM0.26 loss per share (vs RM0.47 profit in FY 2020)

Joint Secretary Wen Hung has left the company

Full year 2021 earnings released: EPS RM0.38 (vs RM0.34 in FY 2020)

Third quarter 2021 earnings released: RM0.061 loss per share (vs RM0.12 profit in 3Q 2020)

Fintec Global Berhad has completed a Follow-on Equity Offering in the amount of MYR 143.261192 million.

Second quarter 2021 earnings released: EPS RM0.061

Fintec Global Berhad Announces Re-Designation of Ahmad Badli Shah Bin Raja Hussin from Non-Independent Non-Executive Director to Independent Non-Executive Director

Fintec Global Berhad has completed a Follow-on Equity Offering in the amount of MYR 18.300438 million.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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