Finbond Group Limited

Johannesburg Stock Exchange FGL.JO

Finbond Group Limited Debt to Equity Ratio for the year ending February 29, 2024: 3.27

Finbond Group Limited Debt to Equity Ratio is 3.27 for the year ending February 29, 2024, a -15.18% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Finbond Group Limited Debt to Equity Ratio for the year ending February 28, 2023 was 3.85, a 19.91% change year over year.
Finbond Group Limited Debt to Equity Ratio for the year ending February 28, 2022 was 3.21, a 69.47% change year over year.
Finbond Group Limited Debt to Equity Ratio for the year ending February 28, 2021 was 1.90, a 81.40% change year over year.
Finbond Group Limited Debt to Equity Ratio for the year ending February 29, 2020 was 1.05, a 153.42% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Johannesburg Stock Exchange: FGL.JO

Finbond Group Limited

CEO	Dr. Willem Van Aardt LLD, LLM, QLTT (UK)
IPO Date	Dec. 31, 2007
Location	South Africa
Headquarters	Rigel Office Park
Employees	2,165
Sector	Finance
Industries Banking & Lending

Description

Finbond Group Limited operates as a financial services institution. It operates through Deposit and Debt Finance Products, Lending, Property Investment, and Transactional Banking segments. The company offers short-term consumer lending services; transactional banking products; Business Banking products, such as commercial, business, and small enterprise accounts; savings and investment products; and secured lending, micro credit, and insurance products. As of February 28, 2022, it operated through 592 branches, including 221 branches in North America and 371 branches in South Africa. Finbond Group Limited was incorporated in 2001 and is based in Pretoria, the Republic of South Africa.

Key trends

Past 5 years