Ferratum Finland Oy Stock

Ferratum FI, a company operating in the Banking Services industry, has displayed a mix of strengths and weaknesses in its financials. At a glance, the company's financial condition appears to be stable, with growth in some areas and challenges in others. A deeper analysis, however, reveals areas of improvement and opportunities that the company can leverage for potential growth and better financial performance.

Growth in total assets: Over the years, Ferratum's total assets have been on an upward trajectory, rising from €675,082,000 in 2020 to €838,527,000 in 2023. An increase in total assets indicates that the company is expanding its operations and potentially achieving growth.

Increase in cash and short-term investments: Ferratum's cash position has improved significantly, as depicted by the growth in cash and short-term investments from €236,564,000 in 2020 to €244,356,000 as of March 31, 2023. A healthy cash position allows the company to invest in growth opportunities, manage debts, and cover any contingencies.