Hiap Seng Industries Balance Sheet Health

Financial Health criteria checks 6/6

Hiap Seng Industries has a total shareholder equity of SGD22.9M and total debt of SGD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SGD28.6M and SGD5.8M respectively. Hiap Seng Industries's EBIT is SGD3.1M making its interest coverage ratio -11.8. It has cash and short-term investments of SGD14.9M.

Key information

Debt to equity ratio

S$0

Debt

Interest coverage ratio	-11.8x
Cash	S$14.85m
Equity	S$22.85m
Total liabilities	S$5.76m
Total assets	S$28.61m

Recent financial health updates

No updates

Recent updates

Hiap Seng Industries Limited's (SGX:1L2) Price Is Out Of Tune With Revenues

Nov 25

Hiap Seng Industries Limited (SGX:1L2) May Have Run Too Fast Too Soon With Recent 33% Price Plummet

Aug 25

Hiap Seng Industries' (SGX:1L2) Returns On Capital Are Heading Higher

Aug 15

Optimistic Investors Push Hiap Seng Industries Limited (SGX:1L2) Shares Up 67% But Growth Is Lacking

Jun 13

Lacklustre Performance Is Driving Hiap Seng Industries Limited's (SGX:1L2) 50% Price Drop

Apr 27

Hiap Seng Industries Limited's (SGX:1L2) Business Is Trailing The Industry But Its Shares Aren't

Feb 29

Financial Position Analysis

Short Term Liabilities: 1L2's short term assets (SGD23.9M) exceed its short term liabilities (SGD5.8M).

Long Term Liabilities: 1L2 has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: 1L2 is debt free.

Reducing Debt: 1L2 currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: 1L2 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1L2 has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 23:16
End of Day Share Price	2025/01/02 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hiap Seng Industries Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Pei Hwa Ho	DBS Vickers Research