Finbond Group Balance Sheet Health
Financial Health criteria checks 1/6
Finbond Group has a total shareholder equity of ZAR1.1B and total debt of ZAR2.7B, which brings its debt-to-equity ratio to 249.3%. Its total assets and total liabilities are ZAR5.0B and ZAR3.9B respectively. Finbond Group's EBIT is ZAR128.0M making its interest coverage ratio 0.4. It has cash and short-term investments of ZAR1.2B.
Key information
249.3%
Debt to equity ratio
R2.73b
Debt
| Interest coverage ratio | 0.4x |
| Cash | R1.16b |
| Equity | R1.10b |
| Total liabilities | R3.86b |
| Total assets | R4.96b |
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 (ZAR2.7B) exceed its short term liabilities (ZAR581.1M).
Long Term Liabilities: FGL's short term assets (ZAR2.7B) do not cover its long term liabilities (ZAR3.3B).
Debt to Equity History and Analysis
Debt Level: FGL's net debt to equity ratio (143.4%) is considered high.
Reducing Debt: FGL's debt to equity ratio has increased from 85.1% to 249.3% 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: Insufficient data to determine if FGL has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if FGL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.