ZACD Group Balance Sheet Health
Financial Health criteria checks 4/6
ZACD Group has a total shareholder equity of SGD20.7M and total debt of SGD3.3M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are SGD29.6M and SGD8.9M respectively. ZACD Group's EBIT is SGD886.0K making its interest coverage ratio 1.4. It has cash and short-term investments of SGD8.9M.
Key information
16.0%
Debt to equity ratio
S$3.31m
Debt
| Interest coverage ratio | 1.4x |
| Cash | S$8.89m |
| Equity | S$20.71m |
| Total liabilities | S$8.87m |
| Total assets | S$29.57m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8313's short term assets (SGD26.9M) exceed its short term liabilities (SGD6.5M).
Long Term Liabilities: 8313's short term assets (SGD26.9M) exceed its long term liabilities (SGD2.4M).
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% to 16% over the past 5 years.
Debt Coverage: 8313's debt is well covered by operating cash flow (111.7%).
Interest Coverage: 8313's interest payments on its debt are not well covered by EBIT (1.4x coverage).