8VI Holdings Balance Sheet Health
Financial Health criteria checks 3/6
8VI Holdings has a total shareholder equity of SGD4.4M and total debt of SGD399.6K, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are SGD21.2M and SGD16.8M respectively.
Key information
9.1%
Debt to equity ratio
S$399.60k
Debt
| Interest coverage ratio | n/a |
| Cash | S$12.98m |
| Equity | S$4.41m |
| Total liabilities | S$16.83m |
| Total assets | S$21.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8VI's short term assets (SGD15.7M) exceed its short term liabilities (SGD11.8M).
Long Term Liabilities: 8VI's short term assets (SGD15.7M) exceed its long term liabilities (SGD5.0M).
Debt to Equity History and Analysis
Debt Level: 8VI has more cash than its total debt.
Reducing Debt: 8VI's debt to equity ratio has increased from 0% to 9.1% over the past 5 years.
Debt Coverage: 8VI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 8VI's interest payments on its debt are well covered by EBIT.