Multi-Chem Balance Sheet Health
Financial Health criteria checks 6/6
Multi-Chem has a total shareholder equity of SGD144.2M and total debt of SGD786.0K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are SGD381.6M and SGD237.4M respectively. Multi-Chem's EBIT is SGD32.1M making its interest coverage ratio -17. It has cash and short-term investments of SGD73.5M.
Key information
0.5%
Debt to equity ratio
S$786.00k
Debt
Interest coverage ratio | -17x |
Cash | S$73.54m |
Equity | S$144.20m |
Total liabilities | S$237.40m |
Total assets | S$381.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MQR1's short term assets (SGD341.3M) exceed its short term liabilities (SGD221.1M).
Long Term Liabilities: MQR1's short term assets (SGD341.3M) exceed its long term liabilities (SGD16.3M).
Debt to Equity History and Analysis
Debt Level: MQR1 has more cash than its total debt.
Reducing Debt: MQR1's debt to equity ratio has reduced from 18.8% to 0.5% over the past 5 years.
Debt Coverage: MQR1's debt is well covered by operating cash flow (3204.7%).
Interest Coverage: MQR1 earns more interest than it pays, so coverage of interest payments is not a concern.