IPC Balance Sheet Health
Financial Health criteria checks 3/6
IPC has a total shareholder equity of SGD42.2M and total debt of SGD6.3M, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are SGD52.4M and SGD10.2M respectively.
Key information
14.9%
Debt to equity ratio
S$6.29m
Debt
| Interest coverage ratio | n/a |
| Cash | S$2.76m |
| Equity | S$42.23m |
| Total liabilities | S$10.17m |
| Total assets | S$52.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPEN's short term assets (SGD47.3M) exceed its short term liabilities (SGD5.0M).
Long Term Liabilities: IPEN's short term assets (SGD47.3M) exceed its long term liabilities (SGD5.2M).
Debt to Equity History and Analysis
Debt Level: IPEN's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: IPEN's debt to equity ratio has increased from 10.6% to 14.9% over the past 5 years.
Debt Coverage: IPEN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if IPEN's interest payments on its debt are well covered by EBIT.