Finbond Group Balance Sheet Health
Financial Health criteria checks 1/6
Finbond Group has a total shareholder equity of ZAR633.9M and total debt of ZAR2.7B, which brings its debt-to-equity ratio to 427.3%. Its total assets and total liabilities are ZAR4.2B and ZAR3.6B respectively. Finbond Group's EBIT is ZAR459.1M making its interest coverage ratio 1.3. It has cash and short-term investments of ZAR872.0M.
Key information
427.3%
Debt to equity ratio
R2.71b
Debt
| Interest coverage ratio | 1.3x |
| Cash | R871.97m |
| Equity | R633.91m |
| Total liabilities | R3.57b |
| Total assets | R4.20b |
Recent financial health updates
No updates
Recent updates
Increases to Finbond Group Limited's (JSE:FGL) CEO Compensation Might Cool off for now
Oct 21
Should Shareholders Reconsider Finbond Group Limited's (JSE:FGL) CEO Compensation Package?
Jul 24Reflecting on Finbond Group's (JSE:FGL) Share Price Returns Over The Last Five Years
Feb 19
How Does Finbond Group's (JSE:FGL) CEO Salary Compare to Peers?
Dec 28Financial Position Analysis
Short Term Liabilities: FGL's short term assets (ZAR1.7B) exceed its short term liabilities (ZAR76.7M).
Long Term Liabilities: FGL's short term assets (ZAR1.7B) do not cover its long term liabilities (ZAR3.5B).
Debt to Equity History and Analysis
Debt Level: FGL's net debt to equity ratio (289.7%) is considered high.
Reducing Debt: FGL's debt to equity ratio has increased from 46.8% to 427.3% over the past 5 years.
Debt Coverage: FGL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FGL's interest payments on its debt are not well covered by EBIT (1.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 15:51 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/02/29 |
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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Industry and Sector Metrics
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Analyst Sources
Finbond Group Limited is covered by 0 analysts. 0 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 |
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