FingerMotion Balance Sheet Health
Financial Health criteria checks 4/6
FingerMotion has a total shareholder equity of $12.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $17.6M and $4.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.93m |
| Equity | US$12.65m |
| Total liabilities | US$4.92m |
| Total assets | US$17.57m |
Recent financial health updates
We Think FingerMotion (NASDAQ:FNGR) Needs To Drive Business Growth Carefully
Aug 30
Is FingerMotion (NASDAQ:FNGR) Weighed On By Its Debt Load?
Jun 08Recent updates
FingerMotion, Inc.'s (NASDAQ:FNGR) 42% Jump Shows Its Popularity With Investors
Apr 25The Price Is Right For FingerMotion, Inc. (NASDAQ:FNGR) Even After Diving 25%
Jan 17FingerMotion's Risk Profile Is Improving
Jan 13We Think FingerMotion (NASDAQ:FNGR) Needs To Drive Business Growth Carefully
Aug 30Is FingerMotion (NASDAQ:FNGR) Weighed On By Its Debt Load?
Jun 08Why Investors Shouldn't Be Surprised By FingerMotion, Inc.'s (NASDAQ:FNGR) 42% Share Price Surge
Apr 17FingerMotion GAAP EPS of -$0.04, revenue of $4.98M
Oct 18FingerMotion: Opportunity As Deal Struck With China Mobile And China Unicom
Sep 29FingerMotion announces $4M funding from Lind Partners
Aug 10FingerMotion Chinese unit launches mobile device protection products
Jul 15Financial Position Analysis
Short Term Liabilities: FNGR's short term assets ($17.4M) exceed its short term liabilities ($4.9M).
Long Term Liabilities: FNGR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FNGR is debt free.
Reducing Debt: FNGR has no debt compared to 5 years ago when its debt to equity ratio was 91.7%.
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: FNGR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FNGR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34.2% each year