IPC Balance Sheet Health
Financial Health criteria checks 3/6
IPC has a total shareholder equity of SGD42.3M and total debt of SGD3.7M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are SGD50.1M and SGD7.8M respectively.
Key information
8.7%
Debt to equity ratio
S$3.69m
Debt
Interest coverage ratio | n/a |
Cash | S$828.00k |
Equity | S$42.27m |
Total liabilities | S$7.85m |
Total assets | S$50.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPEN's short term assets (SGD45.1M) exceed its short term liabilities (SGD7.8M).
Long Term Liabilities: IPEN's short term assets (SGD45.1M) exceed its long term liabilities (SGD2.0K).
Debt to Equity History and Analysis
Debt Level: IPEN's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: IPEN's debt to equity ratio has increased from 7.6% to 8.7% over the past 5 years.
Debt Coverage: IPEN's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: Insufficient data to determine if IPEN's interest payments on its debt are well covered by EBIT.