Wei Yuan Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Wei Yuan Holdings has a total shareholder equity of SGD56.3M and total debt of SGD28.9M, which brings its debt-to-equity ratio to 51.4%. Its total assets and total liabilities are SGD109.3M and SGD53.0M respectively. Wei Yuan Holdings's EBIT is SGD5.5M making its interest coverage ratio 3.6. It has cash and short-term investments of SGD20.0M.
Key information
51.4%
Debt to equity ratio
S$28.95m
Debt
| Interest coverage ratio | 3.6x |
| Cash | S$19.97m |
| Equity | S$56.30m |
| Total liabilities | S$53.02m |
| Total assets | S$109.32m |
Recent financial health updates
We Think Wei Yuan Holdings (HKG:1343) Can Manage Its Debt With Ease
Dec 29
These 4 Measures Indicate That Wei Yuan Holdings (HKG:1343) Is Using Debt Safely
May 23Is Wei Yuan Holdings (HKG:1343) A Risky Investment?
May 25Recent updates
Some Confidence Is Lacking In Wei Yuan Holdings Limited's (HKG:1343) P/E
Apr 23Returns On Capital Signal Tricky Times Ahead For Wei Yuan Holdings (HKG:1343)
Feb 07We Think Wei Yuan Holdings (HKG:1343) Can Manage Its Debt With Ease
Dec 29Wei Yuan Holdings (HKG:1343) Could Be Struggling To Allocate Capital
Aug 30These 4 Measures Indicate That Wei Yuan Holdings (HKG:1343) Is Using Debt Safely
May 23Wei Yuan Holdings Limited's (HKG:1343) Shares Climb 35% But Its Business Is Yet to Catch Up
Apr 06Some Investors May Be Worried About Wei Yuan Holdings' (HKG:1343) Returns On Capital
Mar 14Here's What's Concerning About Wei Yuan Holdings' (HKG:1343) Returns On Capital
Oct 12Is Wei Yuan Holdings (HKG:1343) A Risky Investment?
May 25Capital Allocation Trends At Wei Yuan Holdings (HKG:1343) Aren't Ideal
Mar 25Wei Yuan Holdings (HKG:1343) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Oct 01We're Watching These Trends At Wei Yuan Holdings (HKG:1343)
Mar 11Financial Position Analysis
Short Term Liabilities: 1343's short term assets (SGD80.5M) exceed its short term liabilities (SGD47.3M).
Long Term Liabilities: 1343's short term assets (SGD80.5M) exceed its long term liabilities (SGD5.7M).
Debt to Equity History and Analysis
Debt Level: 1343's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: 1343's debt to equity ratio has increased from 40.1% to 51.4% over the past 5 years.
Debt Coverage: 1343's debt is well covered by operating cash flow (47.2%).
Interest Coverage: 1343's interest payments on its debt are well covered by EBIT (3.6x coverage).