Kwan Yong Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Kwan Yong Holdings has a total shareholder equity of SGD37.7M and total debt of SGD1.5M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are SGD96.7M and SGD59.0M respectively. Kwan Yong Holdings's EBIT is SGD980.0K making its interest coverage ratio -1.3. It has cash and short-term investments of SGD39.1M.
Key information
3.9%
Debt to equity ratio
S$1.48m
Debt
| Interest coverage ratio | -1.3x |
| Cash | S$39.08m |
| Equity | S$37.68m |
| Total liabilities | S$59.03m |
| Total assets | S$96.71m |
Recent financial health updates
Does Kwan Yong Holdings (HKG:9998) Have A Healthy Balance Sheet?
Mar 10
Does Kwan Yong Holdings (HKG:9998) Have A Healthy Balance Sheet?
Nov 17Is Kwan Yong Holdings (HKG:9998) Using Debt In A Risky Way?
Jun 30Is Kwan Yong Holdings (HKG:9998) Weighed On By Its Debt Load?
Mar 03Recent updates
Returns On Capital At Kwan Yong Holdings (HKG:9998) Paint A Concerning Picture
Nov 11Kwan Yong Holdings (HKG:9998) Could Be Struggling To Allocate Capital
Jul 17What Kwan Yong Holdings Limited's (HKG:9998) 28% Share Price Gain Is Not Telling You
Apr 18Does Kwan Yong Holdings (HKG:9998) Have A Healthy Balance Sheet?
Mar 10Does Kwan Yong Holdings (HKG:9998) Have A Healthy Balance Sheet?
Nov 17Is Kwan Yong Holdings (HKG:9998) Using Debt In A Risky Way?
Jun 30Is Kwan Yong Holdings (HKG:9998) Weighed On By Its Debt Load?
Mar 03Financial Position Analysis
Short Term Liabilities: 9998's short term assets (SGD77.7M) exceed its short term liabilities (SGD57.3M).
Long Term Liabilities: 9998's short term assets (SGD77.7M) exceed its long term liabilities (SGD1.7M).
Debt to Equity History and Analysis
Debt Level: 9998 has more cash than its total debt.
Reducing Debt: 9998's debt to equity ratio has reduced from 9.9% to 3.9% over the past 5 years.
Debt Coverage: 9998's debt is well covered by operating cash flow (852.6%).
Interest Coverage: 9998 earns more interest than it pays, so coverage of interest payments is not a concern.