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Fintech Ecosystem Development Balance Sheet Health
Financial Health criteria checks 0/6
Fintech Ecosystem Development has a total shareholder equity of $-6.8M and total debt of $707.0K, which brings its debt-to-equity ratio to -10.4%. Its total assets and total liabilities are $42.6M and $49.4M respectively.
Key information
-10.4%
Debt to equity ratio
US$706.96k
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.03k |
| Equity | -US$6.82m |
| Total liabilities | US$49.44m |
| Total assets | US$42.62m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FEXD.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: FEXD.U has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: FEXD.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: FEXD.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: FEXD.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FEXD.U's interest payments on its debt are well covered by EBIT.