Incredible Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Incredible Holdings has a total shareholder equity of SGD7.3M and total debt of SGD21.3M, which brings its debt-to-equity ratio to 289.8%. Its total assets and total liabilities are SGD33.8M and SGD26.4M respectively.
Key information
289.8%
Debt to equity ratio
S$21.29m
Debt
| Interest coverage ratio | n/a |
| Cash | S$2.09m |
| Equity | S$7.35m |
| Total liabilities | S$26.42m |
| Total assets | S$33.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RDR's short term assets (SGD12.3M) do not cover its short term liabilities (SGD23.0M).
Long Term Liabilities: RDR's short term assets (SGD12.3M) exceed its long term liabilities (SGD3.4M).
Debt to Equity History and Analysis
Debt Level: RDR's net debt to equity ratio (261.4%) is considered high.
Reducing Debt: RDR's debt to equity ratio has increased from 0.05% to 289.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: RDR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RDR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 37.3% each year