CSE Global Balance Sheet Health
Financial Health criteria checks 5/6
CSE Global has a total shareholder equity of SGD216.1M and total debt of SGD115.4M, which brings its debt-to-equity ratio to 53.4%. Its total assets and total liabilities are SGD598.4M and SGD382.3M respectively. CSE Global's EBIT is SGD38.4M making its interest coverage ratio 3.7. It has cash and short-term investments of SGD39.4M.
Key information
53.4%
Debt to equity ratio
S$115.43m
Debt
Interest coverage ratio | 3.7x |
Cash | S$39.43m |
Equity | S$216.08m |
Total liabilities | S$382.29m |
Total assets | S$598.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XCC's short term assets (SGD401.0M) exceed its short term liabilities (SGD334.9M).
Long Term Liabilities: XCC's short term assets (SGD401.0M) exceed its long term liabilities (SGD47.4M).
Debt to Equity History and Analysis
Debt Level: XCC's net debt to equity ratio (35.2%) is considered satisfactory.
Reducing Debt: XCC's debt to equity ratio has increased from 21% to 53.4% over the past 5 years.
Debt Coverage: XCC's debt is well covered by operating cash flow (48.4%).
Interest Coverage: XCC's interest payments on its debt are well covered by EBIT (3.7x coverage).