Indigo Star Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Indigo Star Holdings has a total shareholder equity of SGD16.7M and total debt of SGD1.4M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are SGD34.2M and SGD17.5M respectively. Indigo Star Holdings's EBIT is SGD3.3M making its interest coverage ratio -273.1. It has cash and short-term investments of SGD9.3M.
Key information
8.1%
Debt to equity ratio
S$1.35m
Debt
| Interest coverage ratio | -273.1x |
| Cash | S$9.31m |
| Equity | S$16.72m |
| Total liabilities | S$17.52m |
| Total assets | S$34.25m |
Recent financial health updates
Does Indigo Star Holdings (HKG:8373) Have A Healthy Balance Sheet?
Oct 13
Does Indigo Star Holdings (HKG:8373) Have A Healthy Balance Sheet?
Oct 22Is Indigo Star Holdings (HKG:8373) Using Debt Sensibly?
Apr 06Is Indigo Star Holdings (HKG:8373) Using Debt In A Risky Way?
Nov 24Recent updates
Investors Holding Back On Indigo Star Holdings Limited (HKG:8373)
Dec 27Does Indigo Star Holdings (HKG:8373) Have A Healthy Balance Sheet?
Oct 13Does Indigo Star Holdings (HKG:8373) Have A Healthy Balance Sheet?
Oct 22Here's Why It's Unlikely That Indigo Star Holdings Limited's (HKG:8373) CEO Will See A Pay Rise This Year
Jun 23Is Indigo Star Holdings (HKG:8373) Using Debt Sensibly?
Apr 06Is Indigo Star Holdings (HKG:8373) Using Debt In A Risky Way?
Nov 24Financial Position Analysis
Short Term Liabilities: 8373's short term assets (SGD27.6M) exceed its short term liabilities (SGD16.9M).
Long Term Liabilities: 8373's short term assets (SGD27.6M) exceed its long term liabilities (SGD601.0K).
Debt to Equity History and Analysis
Debt Level: 8373 has more cash than its total debt.
Reducing Debt: 8373's debt to equity ratio has increased from 0% to 8.1% over the past 5 years.
Debt Coverage: 8373's debt is well covered by operating cash flow (263.6%).
Interest Coverage: 8373 earns more interest than it pays, so coverage of interest payments is not a concern.