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China Rapid Finance - Balance Sheet

Assets and their Funding (USD mil)
Consumer Finance | China | April 2, 2020
$10.99
Excel Sheet

China Rapid Finance's total assets reached USD 138 mil at the end of 2017, up 135% compared to the previous year.

Current assets amounted to USD 132 mil, or 95.8% of total assets while cash stood at USD 94.9 mil at the end of 2017.

By contrast, total debt reached USD 0 mil at the year-end, or 0% of total assets, while the firm's equity amounted to USD 59.0 mil. As a result, net debt stood at USD -94.9 mil at the end of 2017 and accounted for -1.61% of equity.

Net debt against equity is up 1.61 pp from five years ago (). The ratio against EBITDA increased from x seen in 2012 to 2.73x.

The company’s cost of funding amounted to in 2017,

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up 0 pp compared to the average over the last 5 years.

You can see all the company’s data at China Rapid Finance profile, or you can download a report on the company in the report section.