Eindec Balance Sheet Health
Financial Health criteria checks 4/6
Eindec has a total shareholder equity of SGD6.9M and total debt of SGD4.4M, which brings its debt-to-equity ratio to 63.3%. Its total assets and total liabilities are SGD16.8M and SGD9.9M respectively. Eindec's EBIT is SGD10.0K making its interest coverage ratio 0. It has cash and short-term investments of SGD3.8M.
Key information
63.3%
Debt to equity ratio
S$4.37m
Debt
Interest coverage ratio | 0.03x |
Cash | S$3.85m |
Equity | S$6.91m |
Total liabilities | S$9.92m |
Total assets | S$16.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 42Z's short term assets (SGD11.1M) exceed its short term liabilities (SGD7.9M).
Long Term Liabilities: 42Z's short term assets (SGD11.1M) exceed its long term liabilities (SGD2.0M).
Debt to Equity History and Analysis
Debt Level: 42Z's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: 42Z's debt to equity ratio has increased from 27.9% to 63.3% over the past 5 years.
Debt Coverage: 42Z's debt is well covered by operating cash flow (58.6%).
Interest Coverage: 42Z's interest payments on its debt are not well covered by EBIT (0x coverage).