Kori Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Kori Holdings has a total shareholder equity of SGD56.2M and total debt of SGD4.3M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are SGD76.9M and SGD20.7M respectively. Kori Holdings's EBIT is SGD843.7K making its interest coverage ratio 3.6. It has cash and short-term investments of SGD454.0K.
Key information
7.7%
Debt to equity ratio
S$4.34m
Debt
| Interest coverage ratio | 3.6x |
| Cash | S$454.00k |
| Equity | S$56.17m |
| Total liabilities | S$20.70m |
| Total assets | S$76.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5VC's short term assets (SGD44.6M) exceed its short term liabilities (SGD16.2M).
Long Term Liabilities: 5VC's short term assets (SGD44.6M) exceed its long term liabilities (SGD4.5M).
Debt to Equity History and Analysis
Debt Level: 5VC's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: 5VC's debt to equity ratio has reduced from 8.7% to 7.7% over the past 5 years.
Debt Coverage: 5VC's debt is not well covered by operating cash flow (0.1%).
Interest Coverage: 5VC's interest payments on its debt are well covered by EBIT (3.6x coverage).