Freedom Financial Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Freedom Financial Holdings has total assets of $1.1B and total equity of $83.0M. Total deposits are $887.8M, and total loans are $767.4M earning a Net Interest Margin of 2.8%. It has insufficient allowance for bad loans, which are currently at 1.6% of total loans. Cash and short-term investments are $25.5M.
Key information
13.3x
Asset to equity ratio
2.8%
Net interest margin
| Total deposits | US$887.79m |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.6% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | US$25.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: FDVA's Assets to Equity ratio (13.3x) is moderate.
Allowance for Bad Loans: FDVA has a low allowance for bad loans (69%).
Low Risk Liabilities: 87% of FDVA's liabilities are made up of primarily low risk sources of funding.
Loan Level: FDVA has an appropriate level of Loans to Assets ratio (70%).
Low Risk Deposits: FDVA's Loans to Deposits ratio (86%) is appropriate.
Level of Bad Loans: FDVA has an appropriate level of bad loans (1.6%).