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China Rapid Finance - Indebtedness

Net Debt/EBITDA & Net Debt/Equity
Consumer Finance | China | April 2, 2020
$2.99
Excel Sheet

China Rapid Finance's net debt stood at USD -94.9 mil and accounted for -1.61% of equity at the end of 2017. The ratio is down 0.252 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of -0.928% in 2014 and a low of -1.80% in 2013 between 2013 and 2017. The average for the last five years was -1.38%.

Net debt to EBITDA was calculated at 2.73x at the end of the year. That is up from x seen in 2012. The ratio reached a high of 2.73x in 2017 and a low of -529x in 2014.

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

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up which is above the 5-year of nan%. Funding costs have “eaten” some 0% of the operating profit generated in 2019.

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.