Trendzon Holdings Group Balance Sheet Health
Financial Health criteria checks 3/6
Trendzon Holdings Group has a total shareholder equity of SGD75.3M and total debt of SGD30.8M, which brings its debt-to-equity ratio to 40.9%. Its total assets and total liabilities are SGD123.9M and SGD48.6M respectively. Trendzon Holdings Group's EBIT is SGD214.0K making its interest coverage ratio 0.4. It has cash and short-term investments of SGD7.7M.
Key information
40.9%
Debt to equity ratio
S$30.78m
Debt
Interest coverage ratio | 0.4x |
Cash | S$7.72m |
Equity | S$75.29m |
Total liabilities | S$48.63m |
Total assets | S$123.93m |
Recent financial health updates
Trendzon Holdings Group (HKG:1865) Has A Somewhat Strained Balance Sheet
Mar 28Pipeline Engineering Holdings (HKG:1865) Has Debt But No Earnings; Should You Worry?
Jan 16Recent updates
Trendzon Holdings Group Limited's (HKG:1865) Shares Not Telling The Full Story
May 14Trendzon Holdings Group Limited (HKG:1865) Might Not Be As Mispriced As It Looks After Plunging 28%
Jan 29Trendzon Holdings Group (HKG:1865) Is Reinvesting At Lower Rates Of Return
May 12Trendzon Holdings Group (HKG:1865) Has A Somewhat Strained Balance Sheet
Mar 28Shareholders Shouldn’t Be Too Comfortable With Trendzon Holdings Group's (HKG:1865) Strong Earnings
Dec 20Trendzon Holdings Group Limited's (HKG:1865) Price Is Out Of Tune With Earnings
Oct 19Here's What Pipeline Engineering Holdings Limited's (HKG:1865) Shareholder Ownership Structure Looks Like
Feb 23Pipeline Engineering Holdings (HKG:1865) Has Debt But No Earnings; Should You Worry?
Jan 16Who Has Been Selling Pipeline Engineering Holdings Limited (HKG:1865) Shares?
Dec 21What You Need To Know About Pipeline Engineering Holdings Limited's (HKG:1865) Investor Composition
Nov 25Financial Position Analysis
Short Term Liabilities: 1865's short term assets (SGD95.5M) exceed its short term liabilities (SGD26.6M).
Long Term Liabilities: 1865's short term assets (SGD95.5M) exceed its long term liabilities (SGD22.0M).
Debt to Equity History and Analysis
Debt Level: 1865's net debt to equity ratio (30.6%) is considered satisfactory.
Reducing Debt: 1865's debt to equity ratio has increased from 3.3% to 40.9% over the past 5 years.
Debt Coverage: 1865's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1865's interest payments on its debt are not well covered by EBIT (0.4x coverage).