Frasers Logistics & Commercial Trust Balance Sheet Health
Financial Health criteria checks 2/6
Frasers Logistics & Commercial Trust has a total shareholder equity of SGD4.4B and total debt of SGD2.3B, which brings its debt-to-equity ratio to 51.8%. Its total assets and total liabilities are SGD7.2B and SGD2.8B respectively. Frasers Logistics & Commercial Trust's EBIT is SGD271.6M making its interest coverage ratio 5.3. It has cash and short-term investments of SGD158.1M.
Key information
51.8%
Debt to equity ratio
S$2.28b
Debt
| Interest coverage ratio | 5.3x |
| Cash | S$158.14m |
| Equity | S$4.40b |
| Total liabilities | S$2.80b |
| Total assets | S$7.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4ZS's short term assets (SGD205.5M) do not cover its short term liabilities (SGD710.9M).
Long Term Liabilities: 4ZS's short term assets (SGD205.5M) do not cover its long term liabilities (SGD2.1B).
Debt to Equity History and Analysis
Debt Level: 4ZS's net debt to equity ratio (48.2%) is considered high.
Reducing Debt: 4ZS's debt to equity ratio has reduced from 55.9% to 51.8% over the past 5 years.
Debt Coverage: 4ZS's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: 4ZS's interest payments on its debt are well covered by EBIT (5.3x coverage).