Figure Technology Solutions Balance Sheet Health
Financial Health criteria checks 4/6
Figure Technology Solutions has a total shareholder equity of $1.3B and total debt of $1.3B, which brings its debt-to-equity ratio to 102.1%. Its total assets and total liabilities are $2.7B and $1.4B respectively. Figure Technology Solutions's EBIT is $127.2M making its interest coverage ratio -4.5. It has cash and short-term investments of $1.5B.
Key information
102.06%
Debt to equity ratio
US$1.32b
Debt
| Interest coverage ratio | -4.5x |
| Cash | US$1.46b |
| Equity | US$1.29b |
| Total liabilities | US$1.44b |
| Total assets | US$2.73b |
Recent financial health updates
Recent updates
Figure Technology: 113% Loan Volume Growth And The Market Still Doesn't Get It
Summary Figure Technology Solutions, Inc. remains a Buy despite a 30% decline since my last coverage. I see no significant structural issues with FIGR; fintech sector headwinds and AI risk appear overblown here. Recent acquisition of Kiavi could catalyze a turnaround and support further growth. FIGR's fundamentals are improving, with solid performance since listing and recent earnings supporting my thesis. Read the full article on Seeking Alpha
Blockchain Adoption And Capital Light Marketplace Model Will Ultimately Disappoint Expectations
Catalysts About Figure Technology Solutions Figure Technology Solutions operates a blockchain based marketplace that connects consumer credit originators and capital providers through fee based, capital light platforms. What are the underlying business or industry changes driving this perspective?Financial Position Analysis
Short Term Liabilities: FIGR's short term assets ($2.2B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: FIGR's short term assets ($2.2B) exceed its long term liabilities ($266.1M).
Debt to Equity History and Analysis
Debt Level: FIGR has more cash than its total debt.
Reducing Debt: Insufficient data to determine if FIGR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: FIGR's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: FIGR earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/14 12:15 |
| End of Day Share Price | 2026/06/12 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Figure Technology Solutions, Inc. is covered by 9 analysts. 8 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 |
|---|---|
| Gautam Chhugani | Bernstein |
| Craig Siegenthaler | BofA Global Research |
| James Yaro | Goldman Sachs |