Frasers Logistics & Commercial Trust Balance Sheet Health
Financial Health criteria checks 2/6
Frasers Logistics & Commercial Trust has a total shareholder equity of SGD4.3B and total debt of SGD2.3B, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are SGD7.1B and SGD2.8B respectively. Frasers Logistics & Commercial Trust's EBIT is SGD278.8M making its interest coverage ratio 4.4. It has cash and short-term investments of SGD133.6M.
Key information
52.7%
Debt to equity ratio
S$2.28b
Debt
| Interest coverage ratio | 4.4x |
| Cash | S$133.57m |
| Equity | S$4.32b |
| Total liabilities | S$2.81b |
| Total assets | S$7.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4ZS's short term assets (SGD178.2M) do not cover its short term liabilities (SGD668.1M).
Long Term Liabilities: 4ZS's short term assets (SGD178.2M) do not cover its long term liabilities (SGD2.1B).
Debt to Equity History and Analysis
Debt Level: 4ZS's net debt to equity ratio (49.7%) is considered high.
Reducing Debt: 4ZS's debt to equity ratio has reduced from 52.8% to 52.7% over the past 5 years.
Debt Coverage: 4ZS's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: 4ZS's interest payments on its debt are well covered by EBIT (4.4x coverage).