Guan Chao Holdings Balance Sheet Health
Financial Health criteria checks 5/6
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 SGD9.4M making its interest coverage ratio 3.2. 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 | 3.2x |
Cash | S$12.98m |
Equity | S$72.00m |
Total liabilities | S$81.94m |
Total assets | S$153.94m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 2954's short term assets (SGD78.7M) exceed its short term liabilities (SGD30.5M).
Long Term Liabilities: 2954's short term assets (SGD78.7M) exceed its long term liabilities (SGD51.5M).
Debt to Equity History and Analysis
Debt Level: 2954's net debt to equity ratio (49.7%) is considered high.
Reducing Debt: 2954's debt to equity ratio has reduced from 156% to 67.7% over the past 5 years.
Debt Coverage: 2954's debt is well covered by operating cash flow (33.3%).
Interest Coverage: 2954's interest payments on its debt are well covered by EBIT (3.2x coverage).