Eindec Balance Sheet Health
Financial Health criteria checks 5/6
Eindec has a total shareholder equity of SGD6.5M and total debt of SGD2.9M, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are SGD16.7M and SGD10.2M respectively.
Key information
43.8%
Debt to equity ratio
S$2.86m
Debt
| Interest coverage ratio | n/a |
| Cash | S$2.54m |
| Equity | S$6.54m |
| Total liabilities | S$10.16m |
| Total assets | S$16.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 42Z's short term assets (SGD10.5M) exceed its short term liabilities (SGD7.8M).
Long Term Liabilities: 42Z's short term assets (SGD10.5M) exceed its long term liabilities (SGD2.4M).
Debt to Equity History and Analysis
Debt Level: 42Z's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: 42Z's debt to equity ratio has increased from 14.4% to 43.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 42Z has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 42Z is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.8% per year.