Straits Trading Balance Sheet Health
Financial Health criteria checks 1/6
Straits Trading has a total shareholder equity of SGD1.6B and total debt of SGD1.7B, which brings its debt-to-equity ratio to 110.4%. Its total assets and total liabilities are SGD3.5B and SGD2.0B respectively. Straits Trading's EBIT is SGD83.8M making its interest coverage ratio 1.1. It has cash and short-term investments of SGD525.9M.
Key information
110.4%
Debt to equity ratio
S$1.72b
Debt
| Interest coverage ratio | 1.1x |
| Cash | S$525.87m |
| Equity | S$1.56b |
| Total liabilities | S$1.95b |
| Total assets | S$3.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: W2F's short term assets (SGD831.6M) exceed its short term liabilities (SGD346.9M).
Long Term Liabilities: W2F's short term assets (SGD831.6M) do not cover its long term liabilities (SGD1.6B).
Debt to Equity History and Analysis
Debt Level: W2F's net debt to equity ratio (76.7%) is considered high.
Reducing Debt: W2F's debt to equity ratio has increased from 55.5% to 110.4% over the past 5 years.
Debt Coverage: W2F's debt is not well covered by operating cash flow (1%).
Interest Coverage: W2F's interest payments on its debt are not well covered by EBIT (1.1x coverage).