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Freedom Holding Corp. (FRHC)
NASDAQ:FRHC
US Market
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Freedom Holding (FRHC) Ratios

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Freedom Holding Ratios

FRHC's free cash flow for Q2 2026 was $0.95. For the 2026 fiscal year, FRHC's free cash flow was decreased by $ and operating cash flow was $0.00. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
130.89 1.34 1.38 1.26 1.20
Quick Ratio
130.89 1.34 0.86 1.26 0.50
Cash Ratio
12.43 0.09 0.16 0.28 0.43
Solvency Ratio
<0.01 0.05 0.14 0.20 0.14
Operating Cash Flow Ratio
44.59 -0.18 -0.27 -0.15 0.35
Short-Term Operating Cash Flow Coverage
0.00 -0.39 -0.63 -0.45 1.32
Net Current Asset Value
$ -2.43B$ 938.99M$ 644.82M$ 441.23M$ 217.48M
Leverage Ratios
Debt-to-Assets Ratio
0.00 0.37 0.32 0.31 0.25
Debt-to-Equity Ratio
0.00 2.64 2.07 1.74 1.85
Debt-to-Capital Ratio
0.00 0.72 0.67 0.63 0.65
Long-Term Debt-to-Capital Ratio
0.00 0.19 0.10 0.19 0.23
Financial Leverage Ratio
8.47 7.13 6.54 5.68 7.28
Debt Service Coverage Ratio
0.79 0.27 0.24 0.35 0.32
Interest Coverage Ratio
0.74 1.85 0.92 4.16 7.32
Debt to Market Cap
0.00 0.73 0.38 0.25 0.16
Interest Debt Per Share
8.01 60.52 30.99 16.32 9.23
Net Debt to EBITDA
-1.68 2.65 2.28 0.83 -1.06
Profitability Margins
Gross Profit Margin
58.87%70.27%71.75%85.61%79.27%
EBIT Margin
17.48%56.53%55.91%78.04%49.43%
EBITDA Margin
18.21%57.41%56.56%56.75%50.19%
Operating Profit Margin
17.18%55.94%24.28%55.92%56.84%
Pretax Profit Margin
2.12%26.28%29.65%41.95%49.08%
Net Profit Margin
2.33%22.67%25.78%40.29%42.45%
Continuous Operations Profit Margin
-1.63%22.63%24.28%57.58%36.45%
Net Income Per EBT
109.98%86.26%86.95%96.03%86.49%
EBT Per EBIT
12.32%46.98%122.15%75.02%86.34%
Return on Assets (ROA)
0.47%4.52%4.03%7.79%7.41%
Return on Equity (ROE)
3.92%32.27%26.39%44.20%53.96%
Return on Capital Employed (ROCE)
3.46%40.86%12.91%47.82%51.68%
Return on Invested Capital (ROIC)
5.58%15.88%5.25%19.63%20.32%
Return on Tangible Assets
0.47%4.58%4.06%7.82%7.48%
Earnings Yield
0.60%9.10%4.87%6.43%4.80%
Efficiency Ratios
Receivables Turnover
0.58 0.54 5.19 3.68 7.12
Payables Turnover
0.00 0.56 1.72 1.61 3.11
Inventory Turnover
0.00 0.00 0.12 0.00 0.06
Fixed Asset Turnover
6.89 13.88 9.43 15.25 11.14
Asset Turnover
0.20 0.20 0.16 0.19 0.17
Working Capital Turnover Ratio
0.49 0.97 0.81 1.22 1.34
Cash Conversion Cycle
624.62 19.81 2.92K -128.00 5.64K
Days of Sales Outstanding
624.62 677.02 70.35 99.14 51.27
Days of Inventory Outstanding
0.00 0.00 3.07K 0.00 5.71K
Days of Payables Outstanding
0.00 657.21 212.48 227.14 117.20
Operating Cycle
624.62 677.02 3.14K 99.14 5.76K
Cash Flow Ratios
Operating Cash Flow Per Share
37.97 -18.05 -16.23 -5.86 9.68
Free Cash Flow Per Share
36.95 -18.79 -16.89 -6.01 9.61
CapEx Per Share
1.03 0.74 0.66 0.15 0.07
Free Cash Flow to Operating Cash Flow
0.97 1.04 1.04 1.03 0.99
Dividend Paid and CapEx Coverage Ratio
36.98 -24.33 -24.69 -38.51 135.79
Capital Expenditure Coverage Ratio
36.98 -24.33 -24.69 -38.51 135.79
Operating Cash Flow Coverage Ratio
0.00 -0.35 -0.59 -0.39 1.10
Operating Cash Flow to Sales Ratio
1.10 -0.64 -1.20 -0.62 1.60
Free Cash Flow Yield
26.93%-26.85%-23.50%-10.09%18.01%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
167.78 10.99 20.54 15.56 20.82
Price-to-Sales (P/S) Ratio
3.97 2.49 5.29 6.27 8.84
Price-to-Book (P/B) Ratio
6.63 3.55 5.42 6.88 11.24
Price-to-Free Cash Flow (P/FCF) Ratio
3.71 -3.72 -4.25 -9.91 5.55
Price-to-Operating Cash Flow Ratio
3.55 -3.88 -4.43 -10.17 5.51
Price-to-Earnings Growth (PEG) Ratio
-1.23 0.13 7.15 0.27 0.04
Price-to-Fair Value
6.63 3.55 5.42 6.88 11.24
Enterprise Value Multiple
20.14 6.99 11.64 11.88 16.55
Enterprise Value
7.60B 6.65B 5.24B 3.81B 2.93B
EV to EBITDA
20.14 6.99 11.64 11.88 16.55
EV to Sales
3.67 4.01 6.58 6.74 8.31
EV to Free Cash Flow
3.43 -6.00 -5.29 -10.66 5.22
EV to Operating Cash Flow
3.33 -6.25 -5.51 -10.94 5.18
Tangible Book Value Per Share
18.63 18.09 12.60 8.36 4.42
Shareholders’ Equity Per Share
20.33 19.74 13.26 8.67 4.75
Tax and Other Ratios
Effective Tax Rate
-0.10 0.14 0.18 0.11 0.17
Revenue Per Share
34.51 28.10 13.57 9.51 6.04
Net Income Per Share
0.80 6.37 3.50 3.83 2.56
Tax Burden
1.10 0.86 0.87 0.96 0.86
Interest Burden
0.12 0.46 0.53 0.54 0.99
Research & Development to Revenue
0.00 0.00 <0.01 <0.01 <0.01
SG&A to Revenue
0.11 0.11 0.11 0.08 0.04
Stock-Based Compensation to Revenue
0.02 0.01 0.01 0.01 <0.01
Income Quality
-35.60 -2.83 -4.93 -1.65 3.96
Currency in USD
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