Mooreast Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Mooreast Holdings has a total shareholder equity of SGD21.4M and total debt of SGD30.6M, which brings its debt-to-equity ratio to 143.2%. Its total assets and total liabilities are SGD71.8M and SGD50.5M respectively.
Key information
143.2%
Debt to equity ratio
S$30.58m
Debt
Interest coverage ratio | n/a |
Cash | S$16.41m |
Equity | S$21.36m |
Total liabilities | S$50.48m |
Total assets | S$71.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1V3's short term assets (SGD35.5M) exceed its short term liabilities (SGD9.4M).
Long Term Liabilities: 1V3's short term assets (SGD35.5M) do not cover its long term liabilities (SGD41.1M).
Debt to Equity History and Analysis
Debt Level: 1V3's net debt to equity ratio (66.4%) is considered high.
Reducing Debt: 1V3's debt to equity ratio has increased from 0% to 143.2% over the past 5 years.
Debt Coverage: 1V3's debt is not well covered by operating cash flow (2.1%).
Interest Coverage: Insufficient data to determine if 1V3's interest payments on its debt are well covered by EBIT.