CSE Global Balance Sheet Health
Financial Health criteria checks 5/6
CSE Global has a total shareholder equity of SGD253.6M and total debt of SGD161.9M, which brings its debt-to-equity ratio to 63.8%. Its total assets and total liabilities are SGD686.3M and SGD432.7M respectively. CSE Global's EBIT is SGD43.6M making its interest coverage ratio 4.4. It has cash and short-term investments of SGD101.8M.
Key information
63.8%
Debt to equity ratio
S$161.85m
Debt
| Interest coverage ratio | 4.4x |
| Cash | S$101.77m |
| Equity | S$253.60m |
| Total liabilities | S$432.66m |
| Total assets | S$686.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XCC's short term assets (SGD479.2M) exceed its short term liabilities (SGD383.3M).
Long Term Liabilities: XCC's short term assets (SGD479.2M) exceed its long term liabilities (SGD49.3M).
Debt to Equity History and Analysis
Debt Level: XCC's net debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: XCC's debt to equity ratio has increased from 20.7% to 63.8% over the past 5 years.
Debt Coverage: XCC's debt is well covered by operating cash flow (45%).
Interest Coverage: XCC's interest payments on its debt are well covered by EBIT (4.4x coverage).