TOP Financial Group Balance Sheet Health
Financial Health criteria checks 6/6
TOP Financial Group has a total shareholder equity of $40.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $57.6M and $17.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$27.34m |
| Equity | US$40.53m |
| Total liabilities | US$17.11m |
| Total assets | US$57.64m |
Recent financial health updates
Recent updates
Optimistic Investors Push TOP Financial Group Limited (NASDAQ:TOP) Shares Up 27% But Growth Is Lacking
Oct 17
There's Reason For Concern Over TOP Financial Group Limited's (NASDAQ:TOP) Price
Aug 08Pinning Down TOP Financial Group Limited's (NASDAQ:TOP) P/E Is Difficult Right Now
Dec 21Why We're Not Concerned Yet About TOP Financial Group Limited's (NASDAQ:TOP) 63% Share Price Plunge
Nov 01TOP Financial Group GAAP EPS of $0.12, revenue of $7.8M
Aug 17Zhong Yang Financial changes name to TOP Financial Group
Jul 22Financial Position Analysis
Short Term Liabilities: TOP's short term assets ($53.9M) exceed its short term liabilities ($11.0M).
Long Term Liabilities: TOP's short term assets ($53.9M) exceed its long term liabilities ($6.1M).
Debt to Equity History and Analysis
Debt Level: TOP is debt free.
Reducing Debt: TOP has not had any debt for past 5 years.
Debt Coverage: TOP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TOP has no debt, therefore coverage of interest payments is not a concern.