Far East Group Balance Sheet Health
Financial Health criteria checks 3/6
Far East Group has a total shareholder equity of SGD41.5M and total debt of SGD29.3M, which brings its debt-to-equity ratio to 70.6%. Its total assets and total liabilities are SGD117.9M and SGD76.4M respectively. Far East Group's EBIT is SGD859.0K making its interest coverage ratio 0.5. It has cash and short-term investments of SGD5.6M.
Key information
70.6%
Debt to equity ratio
S$29.31m
Debt
| Interest coverage ratio | 0.5x |
| Cash | S$5.64m |
| Equity | S$41.50m |
| Total liabilities | S$76.41m |
| Total assets | S$117.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5TJ's short term assets (SGD58.6M) exceed its short term liabilities (SGD48.7M).
Long Term Liabilities: 5TJ's short term assets (SGD58.6M) exceed its long term liabilities (SGD27.7M).
Debt to Equity History and Analysis
Debt Level: 5TJ's net debt to equity ratio (57%) is considered high.
Reducing Debt: 5TJ's debt to equity ratio has increased from 60.2% to 70.6% over the past 5 years.
Debt Coverage: 5TJ's debt is well covered by operating cash flow (39.7%).
Interest Coverage: 5TJ's interest payments on its debt are not well covered by EBIT (0.5x coverage).