iFAST Balance Sheet Health
Financial Health criteria checks 5/6
iFAST has a total shareholder equity of SGD276.9M and total debt of SGD44.7M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are SGD1.2B and SGD904.9M respectively. iFAST's EBIT is SGD62.2M making its interest coverage ratio 5.1. It has cash and short-term investments of SGD574.8M.
Key information
16.1%
Debt to equity ratio
S$44.71m
Debt
Interest coverage ratio | 5.1x |
Cash | S$574.82m |
Equity | S$276.85m |
Total liabilities | S$904.94m |
Total assets | S$1.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1O3's short term assets (SGD995.5M) exceed its short term liabilities (SGD887.8M).
Long Term Liabilities: 1O3's short term assets (SGD995.5M) exceed its long term liabilities (SGD17.1M).
Debt to Equity History and Analysis
Debt Level: 1O3 has more cash than its total debt.
Reducing Debt: 1O3's debt to equity ratio has increased from 15.5% to 16.1% over the past 5 years.
Debt Coverage: 1O3's debt is well covered by operating cash flow (964.5%).
Interest Coverage: 1O3's interest payments on its debt are well covered by EBIT (5.1x coverage).