Raffles Interior Balance Sheet Health
Financial Health criteria checks 6/6
Raffles Interior has a total shareholder equity of SGD12.4M and total debt of SGD1.6M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are SGD44.2M and SGD31.9M respectively. Raffles Interior's EBIT is SGD1.5M making its interest coverage ratio 26.4. It has cash and short-term investments of SGD17.2M.
Key information
12.8%
Debt to equity ratio
S$1.58m
Debt
| Interest coverage ratio | 26.4x |
| Cash | S$17.19m |
| Equity | S$12.36m |
| Total liabilities | S$31.86m |
| Total assets | S$44.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1376's short term assets (SGD43.0M) exceed its short term liabilities (SGD31.1M).
Long Term Liabilities: 1376's short term assets (SGD43.0M) exceed its long term liabilities (SGD790.0K).
Debt to Equity History and Analysis
Debt Level: 1376 has more cash than its total debt.
Reducing Debt: 1376's debt to equity ratio has reduced from 81% to 12.8% over the past 5 years.
Debt Coverage: 1376's debt is well covered by operating cash flow (1185.2%).
Interest Coverage: 1376's interest payments on its debt are well covered by EBIT (26.4x coverage).