Soon Lian Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Soon Lian Holdings has a total shareholder equity of SGD37.9M and total debt of SGD8.3M, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are SGD65.3M and SGD27.4M respectively.
Key information
21.8%
Debt to equity ratio
S$8.25m
Debt
Interest coverage ratio | n/a |
Cash | S$7.79m |
Equity | S$37.91m |
Total liabilities | S$27.38m |
Total assets | S$65.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5MD's short term assets (SGD53.4M) exceed its short term liabilities (SGD21.1M).
Long Term Liabilities: 5MD's short term assets (SGD53.4M) exceed its long term liabilities (SGD6.3M).
Debt to Equity History and Analysis
Debt Level: 5MD's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: 5MD's debt to equity ratio has reduced from 28.8% to 21.8% over the past 5 years.
Debt Coverage: 5MD's debt is well covered by operating cash flow (196.9%).
Interest Coverage: Insufficient data to determine if 5MD's interest payments on its debt are well covered by EBIT.