Tiong Seng Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Tiong Seng Holdings has a total shareholder equity of SGD75.2M and total debt of SGD112.5M, which brings its debt-to-equity ratio to 149.7%. Its total assets and total liabilities are SGD514.0M and SGD438.9M respectively.
Key information
149.7%
Debt to equity ratio
S$112.53m
Debt
| Interest coverage ratio | n/a |
| Cash | S$112.58m |
| Equity | S$75.15m |
| Total liabilities | S$438.90m |
| Total assets | S$514.05m |
Recent financial health updates
Does Tiong Seng Holdings (SGX:BFI) Have A Healthy Balance Sheet?
Aug 18
Is Tiong Seng Holdings (SGX:BFI) Weighed On By Its Debt Load?
Mar 16Is Tiong Seng Holdings (SGX:BFI) Weighed On By Its Debt Load?
Sep 21Health Check: How Prudently Does Tiong Seng Holdings (SGX:BFI) Use Debt?
Mar 09Is Tiong Seng Holdings (SGX:BFI) Using Too Much Debt?
Apr 14Recent updates
Does Tiong Seng Holdings (SGX:BFI) Have A Healthy Balance Sheet?
Aug 18Is Tiong Seng Holdings (SGX:BFI) Weighed On By Its Debt Load?
Mar 16Is Tiong Seng Holdings (SGX:BFI) Weighed On By Its Debt Load?
Sep 21Health Check: How Prudently Does Tiong Seng Holdings (SGX:BFI) Use Debt?
Mar 09Is Tiong Seng Holdings (SGX:BFI) Using Too Much Debt?
Apr 14Will the Promising Trends At Tiong Seng Holdings (SGX:BFI) Continue?
Feb 14Tiong Seng Holdings' (SGX:BFI) Stock Price Has Reduced 60% In The Past Three Years
Dec 13
Financial Position Analysis
Short Term Liabilities: BFI's short term assets (SGD405.6M) exceed its short term liabilities (SGD404.1M).
Long Term Liabilities: BFI's short term assets (SGD405.6M) exceed its long term liabilities (SGD34.8M).
Debt to Equity History and Analysis
Debt Level: BFI has more cash than its total debt.
Reducing Debt: BFI's debt to equity ratio has increased from 38.2% to 149.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BFI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BFI is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 14.3% per year.