Snack Empire Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Snack Empire Holdings has a total shareholder equity of SGD24.7M and total debt of SGD2.0M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are SGD33.6M and SGD8.8M respectively. Snack Empire Holdings's EBIT is SGD479.0K making its interest coverage ratio -4.2. It has cash and short-term investments of SGD23.8M.
Key information
8.2%
Debt to equity ratio
S$2.02m
Debt
| Interest coverage ratio | -4.2x |
| Cash | S$23.80m |
| Equity | S$24.72m |
| Total liabilities | S$8.83m |
| Total assets | S$33.56m |
Recent financial health updates
Snack Empire Holdings (HKG:1843) Has A Rock Solid Balance Sheet
Dec 28
Snack Empire Holdings (HKG:1843) Could Easily Take On More Debt
Sep 07These 4 Measures Indicate That Snack Empire Holdings (HKG:1843) Is Using Debt Safely
Dec 27Here's Why Snack Empire Holdings (HKG:1843) Can Manage Its Debt Responsibly
Sep 14These 4 Measures Indicate That Snack Empire Holdings (HKG:1843) Is Using Debt Reasonably Well
Dec 13Recent updates
Some Investors May Be Worried About Snack Empire Holdings' (HKG:1843) Returns On Capital
Apr 17Snack Empire Holdings (HKG:1843) Has A Rock Solid Balance Sheet
Dec 28Estimating The Fair Value Of Snack Empire Holdings Limited (HKG:1843)
Oct 20A Look At The Fair Value Of Snack Empire Holdings Limited (HKG:1843)
Mar 02Snack Empire Holdings (HKG:1843) Could Easily Take On More Debt
Sep 07What Snack Empire Holdings Limited's (HKG:1843) 38% Share Price Gain Is Not Telling You
Jul 29These 4 Measures Indicate That Snack Empire Holdings (HKG:1843) Is Using Debt Safely
Dec 27Here's Why Snack Empire Holdings (HKG:1843) Can Manage Its Debt Responsibly
Sep 14Is Snack Empire Holdings Limited's(HKG:1843) Recent Stock Performance Tethered To Its Strong Fundamentals?
Feb 21We Wouldn't Rely On Snack Empire Holdings's (HKG:1843) Statutory Earnings As A Guide
Jan 17These 4 Measures Indicate That Snack Empire Holdings (HKG:1843) Is Using Debt Reasonably Well
Dec 13Financial Position Analysis
Short Term Liabilities: 1843's short term assets (SGD26.9M) exceed its short term liabilities (SGD4.4M).
Long Term Liabilities: 1843's short term assets (SGD26.9M) exceed its long term liabilities (SGD4.4M).
Debt to Equity History and Analysis
Debt Level: 1843 has more cash than its total debt.
Reducing Debt: 1843's debt to equity ratio has reduced from 35.1% to 8.2% over the past 5 years.
Debt Coverage: 1843's debt is well covered by operating cash flow (161.5%).
Interest Coverage: 1843 earns more interest than it pays, so coverage of interest payments is not a concern.