Tai Sin Electric Balance Sheet Health
Financial Health criteria checks 6/6
Tai Sin Electric has a total shareholder equity of SGD204.8M and total debt of SGD43.3M, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are SGD303.9M and SGD99.1M respectively. Tai Sin Electric's EBIT is SGD16.8M making its interest coverage ratio 9.1. It has cash and short-term investments of SGD26.0M.
Key information
21.2%
Debt to equity ratio
S$43.35m
Debt
| Interest coverage ratio | 9.1x |
| Cash | S$25.99m |
| Equity | S$204.76m |
| Total liabilities | S$99.13m |
| Total assets | S$303.88m |
Recent financial health updates
No updates
Recent updates
Increases to CEO Compensation Might Be Put On Hold For Now at Tai Sin Electric Limited (SGX:500)
Oct 18
Tai Sin Electric's (SGX:500) Upcoming Dividend Will Be Larger Than Last Year's
Aug 29Tai Sin Electric (SGX:500) Has Announced That It Will Be Increasing Its Dividend To S$0.015
Sep 08If You Like EPS Growth Then Check Out Tai Sin Electric (SGX:500) Before It's Too Late
Jun 10Key Things To Watch Out For If You Are After Tai Sin Electric Limited's (SGX:500) 4.4% Dividend
May 11Tai Sin Electric (SGX:500) Will Be Hoping To Turn Its Returns On Capital Around
Apr 02Did You Miss Tai Sin Electric's (SGX:500) 20% Share Price Gain?
Mar 20Do Tai Sin Electric's (SGX:500) Earnings Warrant Your Attention?
Mar 07Be Sure To Check Out Tai Sin Electric Limited (SGX:500) Before It Goes Ex-Dividend
Feb 20Tai Sin Electric's (SGX:500) Earnings Are Growing But Is There More To The Story?
Feb 11Insider Buying: The Tai Sin Electric Limited (SGX:500) CEO & Executive Director Just Bought 1.0% More Shares
Feb 11How Much Are Tai Sin Electric Limited (SGX:500) Insiders Spending On Buying Shares?
Jan 28Is Tai Sin Electric Limited (SGX:500) The Right Choice For A Smart Dividend Investor?
Jan 14
How Much Is Tai Sin Electric Limited (SGX:500) Paying Its CEO?
Jan 01Do Insiders Own Lots Of Shares In Tai Sin Electric Limited (SGX:500)?
Dec 19Will Tai Sin Electric (SGX:500) Multiply In Value Going Forward?
Dec 06Would Shareholders Who Purchased Tai Sin Electric's (SGX:500) Stock Three Years Be Happy With The Share price Today?
Nov 24Financial Position Analysis
Short Term Liabilities: 500's short term assets (SGD239.6M) exceed its short term liabilities (SGD87.7M).
Long Term Liabilities: 500's short term assets (SGD239.6M) exceed its long term liabilities (SGD11.5M).
Debt to Equity History and Analysis
Debt Level: 500's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: 500's debt to equity ratio has reduced from 25.3% to 21.2% over the past 5 years.
Debt Coverage: 500's debt is well covered by operating cash flow (52.9%).
Interest Coverage: 500's interest payments on its debt are well covered by EBIT (9.1x coverage).