Ever Glory United Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Ever Glory United Holdings has a total shareholder equity of SGD17.2M and total debt of SGD2.6M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are SGD41.1M and SGD23.9M respectively. Ever Glory United Holdings's EBIT is SGD7.4M making its interest coverage ratio 160.6. It has cash and short-term investments of SGD8.9M.
Key information
15.1%
Debt to equity ratio
S$2.59m
Debt
| Interest coverage ratio | 160.6x |
| Cash | S$8.88m |
| Equity | S$17.19m |
| Total liabilities | S$23.90m |
| Total assets | S$41.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZKX's short term assets (SGD38.2M) exceed its short term liabilities (SGD23.4M).
Long Term Liabilities: ZKX's short term assets (SGD38.2M) exceed its long term liabilities (SGD490.0K).
Debt to Equity History and Analysis
Debt Level: ZKX has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ZKX's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ZKX's debt is well covered by operating cash flow (265.7%).
Interest Coverage: ZKX's interest payments on its debt are well covered by EBIT (160.6x coverage).