SHS Holdings Balance Sheet Health
Financial Health criteria checks 4/6
SHS Holdings has a total shareholder equity of SGD136.6M and total debt of SGD24.6M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are SGD184.8M and SGD48.2M respectively. SHS Holdings's EBIT is SGD2.8M making its interest coverage ratio -3.4. It has cash and short-term investments of SGD48.0M.
Key information
18.0%
Debt to equity ratio
S$24.65m
Debt
| Interest coverage ratio | -3.4x |
| Cash | S$48.04m |
| Equity | S$136.56m |
| Total liabilities | S$48.24m |
| Total assets | S$184.79m |
Recent financial health updates
Does SHS Holdings (SGX:566) Have A Healthy Balance Sheet?
Nov 01
Is SHS Holdings (SGX:566) A Risky Investment?
Apr 26Recent updates
More Unpleasant Surprises Could Be In Store For SHS Holdings Ltd.'s (SGX:566) Shares After Tumbling 27%
Nov 09Does SHS Holdings (SGX:566) Have A Healthy Balance Sheet?
Nov 01SHS Holdings' (SGX:566) Robust Earnings Are Supported By Other Strong Factors
Aug 12Is SHS Holdings (SGX:566) A Risky Investment?
Apr 26How Much Did SHS Holdings'(SGX:566) Shareholders Earn From Share Price Movements Over The Last Five Years?
Mar 02Financial Position Analysis
Short Term Liabilities: 566's short term assets (SGD118.9M) exceed its short term liabilities (SGD36.9M).
Long Term Liabilities: 566's short term assets (SGD118.9M) exceed its long term liabilities (SGD11.3M).
Debt to Equity History and Analysis
Debt Level: 566 has more cash than its total debt.
Reducing Debt: 566's debt to equity ratio has increased from 14.1% to 18% over the past 5 years.
Debt Coverage: 566's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 566 earns more interest than it pays, so coverage of interest payments is not a concern.