Lincotrade & Associates Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Lincotrade & Associates Holdings has a total shareholder equity of SGD10.6M and total debt of SGD15.3M, which brings its debt-to-equity ratio to 144.2%. Its total assets and total liabilities are SGD42.7M and SGD32.1M respectively. Lincotrade & Associates Holdings's EBIT is SGD2.8M making its interest coverage ratio -44.6. It has cash and short-term investments of SGD19.5M.
Key information
144.2%
Debt to equity ratio
S$15.30m
Debt
| Interest coverage ratio | -44.6x |
| Cash | S$19.54m |
| Equity | S$10.61m |
| Total liabilities | S$32.06m |
| Total assets | S$42.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BFT's short term assets (SGD37.2M) exceed its short term liabilities (SGD31.2M).
Long Term Liabilities: BFT's short term assets (SGD37.2M) exceed its long term liabilities (SGD902.0K).
Debt to Equity History and Analysis
Debt Level: BFT has more cash than its total debt.
Reducing Debt: Insufficient data to determine if BFT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BFT's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: BFT earns more interest than it pays, so coverage of interest payments is not a concern.