Fintech Select (TSXV:FTEC) Debt-to-Asset : 0.16 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Fintech Select Debt-to-Asset?

Fintech Select's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.09 Mil. Fintech Select's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Fintech Select's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was C$0.56 Mil. Fintech Select's debt to asset for the quarter that ended in Dec. 2023 was 0.16.

Fintech Select Debt-to-Asset Historical Data

The historical data trend for Fintech Select's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fintech Select Debt-to-Asset Chart

Fintech Select Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.48

0.35

0.25

1.11

0.16

Fintech Select Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															1.11	0.40	0.10	0.19	0.16

Competitive Comparison of Fintech Select's Debt-to-Asset

For the Software - Infrastructure subindustry, Fintech Select's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Fintech Select's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Fintech Select's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Fintech Select's Debt-to-Asset falls into.

Fintech Select Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Fintech Select's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.089	+	0)	/	0.555
	=	0.16

Fintech Select's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.089	+	0)	/	0.555
	=	0.16

Fintech Select (TSXV:FTEC) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Fintech Select Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Fintech Select's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Fintech Select (TSXV:FTEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fintech Select Ltd (TSXV:FTEC) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

SLXXF:USA Z1S1:Germany

Address

100 King Street W, Unit T201A, Chatham, ON, CAN, N7M 6A9

Website

https://www.fintechselect.com

Fintech Select Ltd is a provider of prepaid card schemes, online payment platforms, and POS cryptocurrency platforms, all internally developed platforms. It also operates a multi-lingual call center that provides services to customers across all its platforms, and third-party customers. The company operated in three business segments which include Distribution, Call Center, and Financial Services. Its distribution sells prepaid wireless airtime and its Financial Services division provides prepaid debit card services.

Executives

Syed Naveed Ul Hassan

Director