Singular People Balance Sheet Health
Financial Health criteria checks 6/6
Singular People has a total shareholder equity of €46.7M and total debt of €20.2M, which brings its debt-to-equity ratio to 43.2%. Its total assets and total liabilities are €83.1M and €36.4M respectively. Singular People's EBIT is €7.1M making its interest coverage ratio 13.8. It has cash and short-term investments of €5.6M.
Key information
43.2%
Debt to equity ratio
€20.16m
Debt
| Interest coverage ratio | 13.8x |
| Cash | €5.60m |
| Equity | €46.66m |
| Total liabilities | €36.40m |
| Total assets | €83.06m |
Financial Position Analysis
Short Term Liabilities: SNG's short term assets (€38.1M) exceed its short term liabilities (€22.9M).
Long Term Liabilities: SNG's short term assets (€38.1M) exceed its long term liabilities (€13.5M).
Debt to Equity History and Analysis
Debt Level: SNG's net debt to equity ratio (31.2%) is considered satisfactory.
Reducing Debt: SNG's debt to equity ratio has reduced from 67.9% to 43.2% over the past 5 years.
Debt Coverage: SNG's debt is well covered by operating cash flow (24.1%).
Interest Coverage: SNG's interest payments on its debt are well covered by EBIT (13.8x coverage).