Fintech Scion Balance Sheet Health
Financial Health criteria checks 5/6
Fintech Scion has a total shareholder equity of $18.3M and total debt of $755.0K, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are $21.1M and $2.8M respectively.
Key information
4.1%
Debt to equity ratio
US$755.04k
Debt
Interest coverage ratio | n/a |
Cash | US$3.77m |
Equity | US$18.32m |
Total liabilities | US$2.76m |
Total assets | US$21.08m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FINR's short term assets ($4.3M) exceed its short term liabilities ($2.8M).
Long Term Liabilities: FINR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FINR has more cash than its total debt.
Reducing Debt: Insufficient data to determine if FINR's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable FINR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FINR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 60.7% per year.