New Wave Holdings Balance Sheet Health
Financial Health criteria checks 5/6
New Wave Holdings has a total shareholder equity of SGD14.9M and total debt of SGD5.2M, which brings its debt-to-equity ratio to 34.5%. Its total assets and total liabilities are SGD25.4M and SGD10.5M respectively.
Key information
34.5%
Debt to equity ratio
S$5.15m
Debt
| Interest coverage ratio | n/a |
| Cash | S$1.35m |
| Equity | S$14.92m |
| Total liabilities | S$10.48m |
| Total assets | S$25.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5FX's short term assets (SGD16.0M) exceed its short term liabilities (SGD8.6M).
Long Term Liabilities: 5FX's short term assets (SGD16.0M) exceed its long term liabilities (SGD1.8M).
Debt to Equity History and Analysis
Debt Level: 5FX's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: 5FX's debt to equity ratio has increased from 27.2% to 34.5% 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 5FX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 5FX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 22.4% per year.