Anacle Systems Balance Sheet Health

Financial Health criteria checks 5/6

Anacle Systems has a total shareholder equity of SGD16.5M and total debt of SGD3.2M, which brings its debt-to-equity ratio to 19.4%. Its total assets and total liabilities are SGD22.2M and SGD5.8M respectively. Anacle Systems's EBIT is SGD605.0K making its interest coverage ratio -5.7. It has cash and short-term investments of SGD10.1M.

Key information

19.4%

Debt to equity ratio

S$3.19m

Debt

Interest coverage ratio	-5.7x
Cash	S$10.10m
Equity	S$16.47m
Total liabilities	S$5.77m
Total assets	S$22.24m

Recent financial health updates

Anacle Systems (HKG:8353) Could Easily Take On More Debt

May 18

Recent updates

There's No Escaping Anacle Systems Limited's (HKG:8353) Muted Revenues Despite A 33% Share Price Rise

Mar 28

Anacle Systems (HKG:8353) Is Experiencing Growth In Returns On Capital

Feb 29

Anacle Systems Limited's (HKG:8353) Shares Climb 46% But Its Business Is Yet to Catch Up

Jan 09

Returns Are Gaining Momentum At Anacle Systems (HKG:8353)

Sep 02

Anacle Systems (HKG:8353) Could Easily Take On More Debt

May 18

Anacle Systems Limited's (HKG:8353) 26% Jump Shows Its Popularity With Investors

Nov 03

We Think Some Shareholders May Hesitate To Increase Anacle Systems Limited's (HKG:8353) CEO Compensation

Sep 22

There Are Reasons To Feel Uneasy About Anacle Systems' (HKG:8353) Returns On Capital

Sep 07

Investors Could Be Concerned With Anacle Systems' (HKG:8353) Returns On Capital

May 25

Here's Why We Think Anacle Systems' (HKG:8353) Statutory Earnings Might Be Conservative

Feb 01

How Is Anacle Systems' (HKG:8353) CEO Compensated?

Jan 05

Financial Position Analysis

Short Term Liabilities: 8353's short term assets (SGD16.8M) exceed its short term liabilities (SGD3.6M).

Long Term Liabilities: 8353's short term assets (SGD16.8M) exceed its long term liabilities (SGD2.1M).

Debt to Equity History and Analysis

Debt Level: 8353 has more cash than its total debt.

Reducing Debt: 8353's debt to equity ratio has increased from 0.3% to 19.4% over the past 5 years.

Debt Coverage: 8353's debt is well covered by operating cash flow (95.2%).

Interest Coverage: 8353 earns more interest than it pays, so coverage of interest payments is not a concern.

Anacle Systems Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Anacle Systems (HKG:8353) Could Easily Take On More Debt

Recent updates

Third quarter 2024 earnings released: EPS: S$0 (vs S$0.005 in 3Q 2023)

There's No Escaping Anacle Systems Limited's (HKG:8353) Muted Revenues Despite A 33% Share Price Rise

Anacle Systems Limited to Report Nine Months, 2024 Results on Apr 03, 2024

Anacle Systems (HKG:8353) Is Experiencing Growth In Returns On Capital

Anacle Systems Limited's (HKG:8353) Shares Climb 46% But Its Business Is Yet to Catch Up

Second quarter 2024 earnings released: EPS: S$0 (vs S$0.005 loss in 2Q 2023)

Anacle Systems Limited to Report First Half, 2024 Results on Dec 27, 2023

Anacle Systems Limited Announces Board Changes

Anacle Systems Limited to Report Q1, 2024 Results on Oct 04, 2023

Full year 2023 earnings released: EPS: S$0.001 (vs S$0.006 in FY 2022)

Anacle Systems Limited to Report Fiscal Year 2023 Results on Sep 06, 2023

New major risk - Market cap size

Third quarter 2023 earnings released: EPS: S$0.005 (vs S$0.001 in 3Q 2022)

Second quarter 2023 earnings released: S$0.005 loss per share (vs S$0.003 profit in 2Q 2022)

Anacle Systems Limited Provides Earnings Guidance for the Six Months Ended 30 November 2022

Anacle Systems Limited to Report First Half, 2023 Results on Jan 04, 2023

Less than half of directors are independent

First quarter 2023 earnings released: S$0.001 loss per share (vs S$0.001 profit in 1Q 2022)

Anacle Systems Limited to Report Q1, 2023 Results on Oct 05, 2022

Anacle Systems Limited Provides Earnings Guidance for the Three Months Ended 31 August 2022

Returns Are Gaining Momentum At Anacle Systems (HKG:8353)

Anacle Systems Limited, Annual General Meeting, Sep 30, 2022

Full year 2022 earnings released: EPS: S$0.006 (vs S$0.005 in FY 2021)

Anacle Systems Limited to Report Fiscal Year 2022 Results on Aug 25, 2022

Anacle Systems (HKG:8353) Could Easily Take On More Debt

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: S$0.001 (vs S$0 in 3Q 2021)

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Anacle Systems Limited's (HKG:8353) 26% Jump Shows Its Popularity With Investors

First quarter 2022 earnings released: EPS S$0.001 (vs S$0.001 in 1Q 2021)

Independent Non-Executive Director Elango Subramanian has left the company

Independent Non-Executive Director Man Wai Li has left the company

We Think Some Shareholders May Hesitate To Increase Anacle Systems Limited's (HKG:8353) CEO Compensation

There Are Reasons To Feel Uneasy About Anacle Systems' (HKG:8353) Returns On Capital

Full year 2021 earnings released: EPS S$0.005 (vs S$0.001 in FY 2020)

Anacle Systems Limited Provides Unaudited Financial Guidance for the Year Ended May 31, 2021

Investors Could Be Concerned With Anacle Systems' (HKG:8353) Returns On Capital

Here's Why We Think Anacle Systems' (HKG:8353) Statutory Earnings Might Be Conservative

New 90-day high: HK$0.41

Anacle Systems Limited Announces Executive Changes

Second quarter 2021 earnings released: EPS S$0.004

How Is Anacle Systems' (HKG:8353) CEO Compensated?

New 90-day high: HK$0.39

Anacle Systems Limited to Report First Half, 2021 Results on Jan 08, 2021

New 90-day high: HK$0.32

Anacle Systems Limited Appoints Chong Yoke Sin as Non-Executive Director and A Member of Audit Committee

Anacle Systems Limited to Report Q1, 2021 Results on Oct 07, 2020

New 90-day high - HK$0.30

Anacle Systems Limited to Report Fiscal Year 2020 Results on Aug 21, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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