SingAsia Holdings Balance Sheet Health
Financial Health criteria checks 5/6
SingAsia Holdings has a total shareholder equity of SGD3.1M and total debt of SGD2.4M, which brings its debt-to-equity ratio to 76.9%. Its total assets and total liabilities are SGD7.0M and SGD3.9M respectively.
Key information
76.9%
Debt to equity ratio
S$2.36m
Debt
Interest coverage ratio | n/a |
Cash | S$2.22m |
Equity | S$3.07m |
Total liabilities | S$3.89m |
Total assets | S$6.95m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8293's short term assets (SGD4.4M) exceed its short term liabilities (SGD3.9M).
Long Term Liabilities: 8293's short term assets (SGD4.4M) exceed its long term liabilities (SGD12.6K).
Debt to Equity History and Analysis
Debt Level: 8293's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: 8293's debt to equity ratio has increased from 23.8% to 76.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 8293 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8293 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 30.8% per year.