BitFuFu Balance Sheet Health
Financial Health criteria checks 3/6
BitFuFu has a total shareholder equity of $117.0M and total debt of $102.4M, which brings its debt-to-equity ratio to 87.5%. Its total assets and total liabilities are $282.5M and $165.5M respectively. BitFuFu's EBIT is $21.3M making its interest coverage ratio 4.5. It has cash and short-term investments of $38.7M.
Key information
87.5%
Debt to equity ratio
US$102.44m
Debt
| Interest coverage ratio | 4.5x |
| Cash | US$38.70m |
| Equity | US$117.01m |
| Total liabilities | US$165.53m |
| Total assets | US$282.55m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: FUFU's short term assets ($213.1M) exceed its short term liabilities ($52.1M).
Long Term Liabilities: FUFU's short term assets ($213.1M) exceed its long term liabilities ($113.5M).
Debt to Equity History and Analysis
Debt Level: FUFU's net debt to equity ratio (54.5%) is considered high.
Reducing Debt: Insufficient data to determine if FUFU's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: FUFU's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FUFU's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 16:25 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
BitFuFu Inc. is covered by 2 analysts. 2 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 |
|---|---|
| Hunter Diamond | Diamond Equity Research LLC |
| Kevin Dede | H.C. Wainwright & Co. |