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

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Freedom Holding Ratios

FRHC's free cash flow for Q1 2026 was $0.48. For the 2026 fiscal year, FRHC's free cash flow was decreased by $ and operating cash flow was $0.29. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
1.27 1.34 1.38 1.26 1.20
Quick Ratio
1.27 1.34 0.86 1.26 0.50
Cash Ratio
0.09 0.09 0.16 0.28 0.43
Solvency Ratio
0.01 0.05 0.14 0.20 0.14
Operating Cash Flow Ratio
0.20 -0.18 -0.27 -0.15 0.35
Short-Term Operating Cash Flow Coverage
1.22 -0.39 -0.63 -0.45 1.32
Net Current Asset Value
$ 23.09M$ 938.99M$ 644.82M$ 441.23M$ 217.48M
Leverage Ratios
Debt-to-Assets Ratio
0.18 0.37 0.32 0.31 0.25
Debt-to-Equity Ratio
1.45 2.64 2.07 1.74 1.85
Debt-to-Capital Ratio
0.59 0.72 0.67 0.63 0.65
Long-Term Debt-to-Capital Ratio
0.35 0.19 0.10 0.19 0.23
Financial Leverage Ratio
7.88 7.13 6.54 5.68 7.28
Debt Service Coverage Ratio
0.38 0.27 0.24 0.35 0.32
Interest Coverage Ratio
1.19 1.85 0.92 4.16 7.32
Debt to Market Cap
0.16 0.73 0.38 0.25 0.16
Interest Debt Per Share
38.19 60.52 30.99 16.32 9.23
Net Debt to EBITDA
1.91 2.65 2.28 0.83 -1.06
Profitability Margins
Gross Profit Margin
48.84%70.27%71.75%85.61%79.27%
EBIT Margin
29.96%56.53%55.91%78.04%49.43%
EBITDA Margin
30.89%57.41%56.56%56.75%50.19%
Operating Profit Margin
29.27%55.94%24.28%55.92%56.84%
Pretax Profit Margin
5.45%26.28%29.65%41.95%49.08%
Net Profit Margin
3.93%22.67%25.78%40.29%42.45%
Continuous Operations Profit Margin
3.93%22.63%24.28%57.58%36.45%
Net Income Per EBT
72.09%86.26%86.95%96.03%86.49%
EBT Per EBIT
18.61%46.98%122.15%75.02%86.34%
Return on Assets (ROA)
0.83%4.52%4.03%7.79%7.41%
Return on Equity (ROE)
6.50%32.27%26.39%44.20%53.96%
Return on Capital Employed (ROCE)
19.88%40.86%12.91%47.82%51.68%
Return on Invested Capital (ROIC)
10.58%15.88%5.25%19.63%20.32%
Return on Tangible Assets
0.84%4.58%4.06%7.82%7.48%
Earnings Yield
0.77%9.10%4.87%6.43%4.80%
Efficiency Ratios
Receivables Turnover
0.44 0.54 5.19 3.68 7.12
Payables Turnover
1.05 0.56 1.72 1.61 3.11
Inventory Turnover
0.00 0.00 0.12 0.00 0.06
Fixed Asset Turnover
8.14 13.88 9.43 15.25 11.14
Asset Turnover
0.21 0.20 0.16 0.19 0.17
Working Capital Turnover Ratio
1.00 0.97 0.81 1.22 1.34
Cash Conversion Cycle
483.53 19.81 2.92K -128.00 5.64K
Days of Sales Outstanding
830.24 677.02 70.35 99.14 51.27
Days of Inventory Outstanding
0.00 0.00 3.07K 0.00 5.71K
Days of Payables Outstanding
346.70 657.21 212.48 227.14 117.20
Operating Cycle
830.24 677.02 3.14K 99.14 5.76K
Cash Flow Ratios
Operating Cash Flow Per Share
21.85 -18.05 -16.23 -5.86 9.68
Free Cash Flow Per Share
20.15 -18.79 -16.89 -6.01 9.61
CapEx Per Share
1.70 0.74 0.66 0.15 0.07
Free Cash Flow to Operating Cash Flow
0.92 1.04 1.04 1.03 0.99
Dividend Paid and CapEx Coverage Ratio
12.83 -24.33 -24.69 -38.51 135.79
Capital Expenditure Coverage Ratio
12.83 -24.33 -24.69 -38.51 135.79
Operating Cash Flow Coverage Ratio
0.73 -0.35 -0.59 -0.39 1.10
Operating Cash Flow to Sales Ratio
0.64 -0.64 -1.20 -0.62 1.60
Free Cash Flow Yield
11.30%-26.85%-23.50%-10.09%18.01%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
129.34 10.99 20.54 15.56 20.82
Price-to-Sales (P/S) Ratio
5.19 2.49 5.29 6.27 8.84
Price-to-Book (P/B) Ratio
8.49 3.55 5.42 6.88 11.24
Price-to-Free Cash Flow (P/FCF) Ratio
8.85 -3.72 -4.25 -9.91 5.55
Price-to-Operating Cash Flow Ratio
7.98 -3.88 -4.43 -10.17 5.51
Price-to-Earnings Growth (PEG) Ratio
-27.53 0.13 7.15 0.27 0.04
Price-to-Fair Value
8.49 3.55 5.42 6.88 11.24
Enterprise Value Multiple
18.73 6.99 11.64 11.88 16.55
Enterprise Value
11.88B 6.65B 5.24B 3.81B 2.93B
EV to EBITDA
18.73 6.99 11.64 11.88 16.55
EV to Sales
5.79 4.01 6.58 6.74 8.31
EV to Free Cash Flow
9.85 -6.00 -5.29 -10.66 5.22
EV to Operating Cash Flow
9.09 -6.25 -5.51 -10.94 5.18
Tangible Book Value Per Share
18.82 18.09 12.60 8.36 4.42
Shareholders’ Equity Per Share
20.53 19.74 13.26 8.67 4.75
Tax and Other Ratios
Effective Tax Rate
0.28 0.14 0.18 0.11 0.17
Revenue Per Share
34.32 28.10 13.57 9.51 6.04
Net Income Per Share
1.35 6.37 3.50 3.83 2.56
Tax Burden
0.72 0.86 0.87 0.96 0.86
Interest Burden
0.18 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
0.13 0.11 0.11 0.08 0.04
Stock-Based Compensation to Revenue
0.04 0.01 0.01 0.01 <0.01
Income Quality
16.19 -2.83 -4.93 -1.65 3.96
Currency in USD
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