Ever Glory United Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Ever Glory United Holdings has a total shareholder equity of SGD11.3M and total debt of SGD1.2M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are SGD24.9M and SGD13.6M respectively. Ever Glory United Holdings's EBIT is SGD9.4M making its interest coverage ratio 9429. It has cash and short-term investments of SGD4.5M.
Key information
11.0%
Debt to equity ratio
S$1.24m
Debt
| Interest coverage ratio | 9429x |
| Cash | S$4.55m |
| Equity | S$11.28m |
| Total liabilities | S$13.63m |
| Total assets | S$24.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZKX's short term assets (SGD23.6M) exceed its short term liabilities (SGD13.2M).
Long Term Liabilities: ZKX's short term assets (SGD23.6M) exceed its long term liabilities (SGD474.0K).
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 (483.1%).
Interest Coverage: ZKX's interest payments on its debt are well covered by EBIT (9429x coverage).