Memiontec Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Memiontec Holdings has a total shareholder equity of SGD21.7M and total debt of SGD10.9M, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are SGD55.2M and SGD33.5M respectively. Memiontec Holdings's EBIT is SGD4.0M making its interest coverage ratio 286.1. It has cash and short-term investments of SGD14.0M.
Key information
50.4%
Debt to equity ratio
S$10.91m
Debt
| Interest coverage ratio | 286.1x |
| Cash | S$13.97m |
| Equity | S$21.66m |
| Total liabilities | S$33.54m |
| Total assets | S$55.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TWL's short term assets (SGD49.5M) exceed its short term liabilities (SGD31.8M).
Long Term Liabilities: TWL's short term assets (SGD49.5M) exceed its long term liabilities (SGD1.7M).
Debt to Equity History and Analysis
Debt Level: TWL has more cash than its total debt.
Reducing Debt: TWL's debt to equity ratio has increased from 15.1% to 50.4% over the past 5 years.
Debt Coverage: TWL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TWL's interest payments on its debt are well covered by EBIT (286.1x coverage).