ZACD Group Balance Sheet Health
Financial Health criteria checks 5/6
ZACD Group has a total shareholder equity of SGD22.5M and total debt of SGD3.5M, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are SGD31.6M and SGD9.1M respectively. ZACD Group's EBIT is SGD3.4M making its interest coverage ratio 5.6. It has cash and short-term investments of SGD14.6M.
Key information
15.3%
Debt to equity ratio
S$3.45m
Debt
Interest coverage ratio | 5.6x |
Cash | S$14.61m |
Equity | S$22.49m |
Total liabilities | S$9.11m |
Total assets | S$31.60m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8313's short term assets (SGD28.4M) exceed its short term liabilities (SGD6.7M).
Long Term Liabilities: 8313's short term assets (SGD28.4M) exceed its long term liabilities (SGD2.5M).
Debt to Equity History and Analysis
Debt Level: 8313 has more cash than its total debt.
Reducing Debt: 8313's debt to equity ratio has increased from 0.2% to 15.3% over the past 5 years.
Debt Coverage: 8313's debt is well covered by operating cash flow (108.8%).
Interest Coverage: 8313's interest payments on its debt are well covered by EBIT (5.6x coverage).