Memiontec Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Memiontec Holdings has a total shareholder equity of SGD22.7M and total debt of SGD14.9M, which brings its debt-to-equity ratio to 65.4%. Its total assets and total liabilities are SGD59.0M and SGD36.3M respectively. Memiontec Holdings's EBIT is SGD4.2M making its interest coverage ratio -118. It has cash and short-term investments of SGD16.0M.
Key information
65.4%
Debt to equity ratio
S$14.87m
Debt
| Interest coverage ratio | -118x |
| Cash | S$16.04m |
| Equity | S$22.73m |
| Total liabilities | S$36.30m |
| Total assets | S$59.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8900's short term assets (SGD51.1M) exceed its short term liabilities (SGD30.3M).
Long Term Liabilities: 8900's short term assets (SGD51.1M) exceed its long term liabilities (SGD6.0M).
Debt to Equity History and Analysis
Debt Level: 8900 has more cash than its total debt.
Reducing Debt: 8900's debt to equity ratio has increased from 11.9% to 65.4% over the past 5 years.
Debt Coverage: 8900's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8900 earns more interest than it pays, so coverage of interest payments is not a concern.