FingerMotion Balance Sheet Health
Financial Health criteria checks 3/6
FingerMotion has a total shareholder equity of $9.9M and total debt of $1.0M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are $30.2M and $20.3M respectively.
Key information
10.4%
Debt to equity ratio
US$1.02m
Debt
| Interest coverage ratio | n/a |
| Cash | US$810.28k |
| Equity | US$9.88m |
| Total liabilities | US$20.31m |
| Total assets | US$30.19m |
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
Market Participants Recognise FingerMotion, Inc.'s (NASDAQ:FNGR) Revenues
Aug 13FingerMotion, 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 ($29.9M) exceed its short term liabilities ($20.2M).
Long Term Liabilities: FNGR's short term assets ($29.9M) exceed its long term liabilities ($71.0K).
Debt to Equity History and Analysis
Debt Level: FNGR's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: FNGR's debt to equity ratio has increased from 8.1% to 10.4% 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: 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 28.2% each year