Resources Global Development Balance Sheet Health
Financial Health criteria checks 5/6
Resources Global Development has a total shareholder equity of SGD99.9M and total debt of SGD2.2M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are SGD120.8M and SGD20.9M respectively. Resources Global Development's EBIT is SGD28.2M making its interest coverage ratio -88.7. It has cash and short-term investments of SGD27.1M.
Key information
2.2%
Debt to equity ratio
S$2.23m
Debt
| Interest coverage ratio | -88.7x |
| Cash | S$27.14m |
| Equity | S$99.90m |
| Total liabilities | S$20.93m |
| Total assets | S$120.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QSD's short term assets (SGD36.9M) exceed its short term liabilities (SGD18.0M).
Long Term Liabilities: QSD's short term assets (SGD36.9M) exceed its long term liabilities (SGD2.9M).
Debt to Equity History and Analysis
Debt Level: QSD has more cash than its total debt.
Reducing Debt: QSD's debt to equity ratio has increased from 2% to 2.2% over the past 5 years.
Debt Coverage: QSD's debt is well covered by operating cash flow (2090.1%).
Interest Coverage: QSD earns more interest than it pays, so coverage of interest payments is not a concern.