ComfortDelGro Balance Sheet Health
Financial Health criteria checks 5/6
ComfortDelGro has a total shareholder equity of SGD3.0B and total debt of SGD311.9M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are SGD4.7B and SGD1.7B respectively. ComfortDelGro's EBIT is SGD216.9M making its interest coverage ratio -25.8. It has cash and short-term investments of SGD877.0M.
Key information
10.4%
Debt to equity ratio
S$311.90m
Debt
Interest coverage ratio | -25.8x |
Cash | S$877.00m |
Equity | S$2.99b |
Total liabilities | S$1.68b |
Total assets | S$4.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VZ1's short term assets (SGD1.6B) exceed its short term liabilities (SGD1.0B).
Long Term Liabilities: VZ1's short term assets (SGD1.6B) exceed its long term liabilities (SGD680.8M).
Debt to Equity History and Analysis
Debt Level: VZ1 has more cash than its total debt.
Reducing Debt: VZ1's debt to equity ratio has increased from 10.3% to 10.4% over the past 5 years.
Debt Coverage: VZ1's debt is well covered by operating cash flow (173.5%).
Interest Coverage: VZ1 earns more interest than it pays, so coverage of interest payments is not a concern.