Alpina Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Alpina Holdings has a total shareholder equity of SGD28.4M and total debt of SGD30.9M, which brings its debt-to-equity ratio to 108.6%. Its total assets and total liabilities are SGD83.6M and SGD55.2M respectively. Alpina Holdings's EBIT is SGD726.0K making its interest coverage ratio 0.9. It has cash and short-term investments of SGD9.8M.
Key information
108.6%
Debt to equity ratio
S$30.86m
Debt
| Interest coverage ratio | 0.9x |
| Cash | S$9.77m |
| Equity | S$28.42m |
| Total liabilities | S$55.20m |
| Total assets | S$83.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B0M's short term assets (SGD49.8M) exceed its short term liabilities (SGD35.8M).
Long Term Liabilities: B0M's short term assets (SGD49.8M) exceed its long term liabilities (SGD19.4M).
Debt to Equity History and Analysis
Debt Level: B0M's net debt to equity ratio (74.2%) is considered high.
Reducing Debt: B0M's debt to equity ratio has increased from 47.4% to 108.6% over the past 5 years.
Debt Coverage: B0M's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: B0M's interest payments on its debt are not well covered by EBIT (0.9x coverage).