Singular People Balance Sheet Health
Financial Health criteria checks 6/6
Singular People has a total shareholder equity of €44.8M and total debt of €11.4M, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are €70.9M and €26.1M respectively. Singular People's EBIT is €10.3M making its interest coverage ratio 23.7. It has cash and short-term investments of €7.0M.
Key information
25.4%
Debt to equity ratio
€11.37m
Debt
Interest coverage ratio | 23.7x |
Cash | €6.97m |
Equity | €44.81m |
Total liabilities | €26.07m |
Total assets | €70.88m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SNG's short term assets (€33.0M) exceed its short term liabilities (€17.3M).
Long Term Liabilities: SNG's short term assets (€33.0M) exceed its long term liabilities (€8.8M).
Debt to Equity History and Analysis
Debt Level: SNG's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: SNG's debt to equity ratio has reduced from 88.7% to 25.4% over the past 5 years.
Debt Coverage: SNG's debt is well covered by operating cash flow (65.2%).
Interest Coverage: SNG's interest payments on its debt are well covered by EBIT (23.7x coverage).