BitFuFu Balance Sheet Health
Financial Health criteria checks 4/6
BitFuFu has a total shareholder equity of $116.4M and total debt of $102.4M, which brings its debt-to-equity ratio to 88%. Its total assets and total liabilities are $306.7M and $190.3M respectively. BitFuFu's EBIT is $23.7M making its interest coverage ratio 4.5. It has cash and short-term investments of $87.2M.
Key information
88.0%
Debt to equity ratio
US$102.44m
Debt
Interest coverage ratio | 4.5x |
Cash | US$87.16m |
Equity | US$116.44m |
Total liabilities | US$190.29m |
Total assets | US$306.73m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FUFU's short term assets ($223.9M) exceed its short term liabilities ($76.5M).
Long Term Liabilities: FUFU's short term assets ($223.9M) exceed its long term liabilities ($113.8M).
Debt to Equity History and Analysis
Debt Level: FUFU's net debt to equity ratio (13.1%) is considered satisfactory.
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).