Guan Chao Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Guan Chao Holdings has a total shareholder equity of SGD72.0M and total debt of SGD48.8M, which brings its debt-to-equity ratio to 67.7%. Its total assets and total liabilities are SGD153.9M and SGD81.9M respectively. Guan Chao Holdings's EBIT is SGD9.5M making its interest coverage ratio 3.3. It has cash and short-term investments of SGD13.0M.
Key information
67.7%
Debt to equity ratio
S$48.77m
Debt
| Interest coverage ratio | 3.3x |
| Cash | S$12.98m |
| Equity | S$72.00m |
| Total liabilities | S$81.94m |
| Total assets | S$153.94m |
Recent financial health updates
Does Guan Chao Holdings (HKG:1872) Have A Healthy Balance Sheet?
Sep 27
Is Guan Chao Holdings (HKG:1872) Using Too Much Debt?
Oct 20Guan Chao Holdings (HKG:1872) Use Of Debt Could Be Considered Risky
Apr 02Recent updates
Guan Chao Holdings (HKG:1872) Is Reinvesting At Lower Rates Of Return
Feb 28Returns On Capital Signal Tricky Times Ahead For Guan Chao Holdings (HKG:1872)
Aug 17Guan Chao Holdings (HKG:1872) Is Reinvesting At Lower Rates Of Return
Nov 08Does Guan Chao Holdings (HKG:1872) Have A Healthy Balance Sheet?
Sep 27Returns On Capital Signal Tricky Times Ahead For Guan Chao Holdings (HKG:1872)
Jul 21With EPS Growth And More, Guan Chao Holdings (HKG:1872) Is Interesting
May 26Returns On Capital Signal Tricky Times Ahead For Guan Chao Holdings (HKG:1872)
Dec 22Is Guan Chao Holdings (HKG:1872) Using Too Much Debt?
Oct 20Be Wary Of Guan Chao Holdings (HKG:1872) And Its Returns On Capital
Aug 05Guan Chao Holdings (HKG:1872) Will Will Want To Turn Around Its Return Trends
May 07Guan Chao Holdings (HKG:1872) Use Of Debt Could Be Considered Risky
Apr 02Returns On Capital At Guan Chao Holdings (HKG:1872) Paint An Interesting Picture
Dec 22Financial Position Analysis
Short Term Liabilities: 1872's short term assets (SGD78.7M) exceed its short term liabilities (SGD30.5M).
Long Term Liabilities: 1872's short term assets (SGD78.7M) exceed its long term liabilities (SGD51.5M).
Debt to Equity History and Analysis
Debt Level: 1872's net debt to equity ratio (49.7%) is considered high.
Reducing Debt: 1872's debt to equity ratio has reduced from 156% to 67.7% over the past 5 years.
Debt Coverage: 1872's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1872's interest payments on its debt are well covered by EBIT (3.3x coverage).