Singapore Shipping Balance Sheet Health
Financial Health criteria checks 6/6
Singapore Shipping has a total shareholder equity of $119.6M and total debt of $31.9M, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are $186.7M and $67.2M respectively. Singapore Shipping's EBIT is $9.9M making its interest coverage ratio -8.5. It has cash and short-term investments of $63.3M.
Key information
26.6%
Debt to equity ratio
US$31.86m
Debt
Interest coverage ratio | -8.5x |
Cash | US$63.35m |
Equity | US$119.57m |
Total liabilities | US$67.17m |
Total assets | US$186.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: W1M's short term assets ($70.2M) exceed its short term liabilities ($11.7M).
Long Term Liabilities: W1M's short term assets ($70.2M) exceed its long term liabilities ($55.4M).
Debt to Equity History and Analysis
Debt Level: W1M has more cash than its total debt.
Reducing Debt: W1M's debt to equity ratio has reduced from 72.5% to 26.6% over the past 5 years.
Debt Coverage: W1M's debt is well covered by operating cash flow (61.8%).
Interest Coverage: W1M earns more interest than it pays, so coverage of interest payments is not a concern.