Heeton Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Heeton Holdings has a total shareholder equity of SGD424.3M and total debt of SGD507.1M, which brings its debt-to-equity ratio to 119.5%. Its total assets and total liabilities are SGD959.0M and SGD534.7M respectively. Heeton Holdings's EBIT is SGD17.6M making its interest coverage ratio 1.2. It has cash and short-term investments of SGD59.8M.
Key information
119.5%
Debt to equity ratio
S$507.12m
Debt
Interest coverage ratio | 1.2x |
Cash | S$59.79m |
Equity | S$424.28m |
Total liabilities | S$534.74m |
Total assets | S$959.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SST's short term assets (SGD115.5M) exceed its short term liabilities (SGD105.4M).
Long Term Liabilities: SST's short term assets (SGD115.5M) do not cover its long term liabilities (SGD429.4M).
Debt to Equity History and Analysis
Debt Level: SST's net debt to equity ratio (105.4%) is considered high.
Reducing Debt: SST's debt to equity ratio has increased from 77.9% to 119.5% over the past 5 years.
Debt Coverage: SST's debt is not well covered by operating cash flow (1.1%).
Interest Coverage: SST's interest payments on its debt are not well covered by EBIT (1.2x coverage).