Ley Choon Group Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Ley Choon Group Holdings has a total shareholder equity of SGD54.7M and total debt of SGD10.0M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are SGD89.2M and SGD34.5M respectively. Ley Choon Group Holdings's EBIT is SGD6.5M making its interest coverage ratio 3.9. It has cash and short-term investments of SGD4.7M.
Key information
18.3%
Debt to equity ratio
S$9.99m
Debt
Interest coverage ratio | 3.9x |
Cash | S$4.73m |
Equity | S$54.69m |
Total liabilities | S$34.48m |
Total assets | S$89.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Q0X's short term assets (SGD63.4M) exceed its short term liabilities (SGD31.5M).
Long Term Liabilities: Q0X's short term assets (SGD63.4M) exceed its long term liabilities (SGD3.0M).
Debt to Equity History and Analysis
Debt Level: Q0X's net debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: Q0X's debt to equity ratio has reduced from 187.6% to 18.3% over the past 5 years.
Debt Coverage: Q0X's debt is well covered by operating cash flow (220.1%).
Interest Coverage: Q0X's interest payments on its debt are well covered by EBIT (3.9x coverage).