Hor Kew Balance Sheet Health
Financial Health criteria checks 5/6
Hor Kew has a total shareholder equity of SGD71.7M and total debt of SGD53.4M, which brings its debt-to-equity ratio to 74.5%. Its total assets and total liabilities are SGD158.8M and SGD87.1M respectively. Hor Kew's EBIT is SGD6.1M making its interest coverage ratio 2.9. It has cash and short-term investments of SGD25.4M.
Key information
74.5%
Debt to equity ratio
S$53.38m
Debt
| Interest coverage ratio | 2.9x |
| Cash | S$25.36m |
| Equity | S$71.67m |
| Total liabilities | S$87.12m |
| Total assets | S$158.79m |
Recent financial health updates
Here's Why Hor Kew (SGX:BBP) Has A Meaningful Debt Burden
Apr 18
Is Hor Kew (SGX:BBP) Using Too Much Debt?
Nov 30We Think Hor Kew (SGX:BBP) Is Taking Some Risk With Its Debt
Oct 06We Think Hor Kew (SGX:BBP) Is Taking Some Risk With Its Debt
Mar 16Hor Kew (SGX:BBP) Seems To Be Using A Lot Of Debt
Nov 11Does Hor Kew (SGX:BBP) Have A Healthy Balance Sheet?
May 25Recent updates
Further Upside For Hor Kew Corporation Limited (SGX:BBP) Shares Could Introduce Price Risks After 60% Bounce
Apr 25Here's Why Hor Kew (SGX:BBP) Has A Meaningful Debt Burden
Apr 18Returns At Hor Kew (SGX:BBP) Are On The Way Up
Feb 08Is Hor Kew (SGX:BBP) Using Too Much Debt?
Nov 30Returns At Hor Kew (SGX:BBP) Are On The Way Up
Sep 25Calculating The Intrinsic Value Of Hor Kew Corporation Limited (SGX:BBP)
Apr 16Hor Kew (SGX:BBP) Is Doing The Right Things To Multiply Its Share Price
Dec 06We Think Hor Kew (SGX:BBP) Is Taking Some Risk With Its Debt
Oct 06Hor Kew (SGX:BBP) Is Experiencing Growth In Returns On Capital
Aug 25Slowing Rates Of Return At Hor Kew (SGX:BBP) Leave Little Room For Excitement
Apr 22We Think Hor Kew (SGX:BBP) Is Taking Some Risk With Its Debt
Mar 16Do Hor Kew's (SGX:BBP) Earnings Warrant Your Attention?
Dec 27Hor Kew (SGX:BBP) Seems To Be Using A Lot Of Debt
Nov 11Hor Kew (SGX:BBP) Might Have The Makings Of A Multi-Bagger
Oct 05Here's Why I Think Hor Kew (SGX:BBP) Might Deserve Your Attention Today
Aug 31Does Hor Kew (SGX:BBP) Have A Healthy Balance Sheet?
May 25Risks To Shareholder Returns Are Elevated At These Prices For Hor Kew Corporation Limited (SGX:BBP)
Apr 02Financial Position Analysis
Short Term Liabilities: BBP's short term assets (SGD75.0M) exceed its short term liabilities (SGD57.0M).
Long Term Liabilities: BBP's short term assets (SGD75.0M) exceed its long term liabilities (SGD30.1M).
Debt to Equity History and Analysis
Debt Level: BBP's net debt to equity ratio (39.1%) is considered satisfactory.
Reducing Debt: BBP's debt to equity ratio has reduced from 109.4% to 74.5% over the past 5 years.
Debt Coverage: BBP's debt is well covered by operating cash flow (28.7%).
Interest Coverage: BBP's interest payments on its debt are not well covered by EBIT (2.9x coverage).