HG Metal Manufacturing Balance Sheet Health
Financial Health criteria checks 4/6
HG Metal Manufacturing has a total shareholder equity of SGD105.2M and total debt of SGD8.7M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are SGD137.1M and SGD31.9M respectively. HG Metal Manufacturing's EBIT is SGD558.0K making its interest coverage ratio 1. It has cash and short-term investments of SGD16.4M.
Key information
8.3%
Debt to equity ratio
S$8.73m
Debt
| Interest coverage ratio | 1x |
| Cash | S$16.38m |
| Equity | S$105.16m |
| Total liabilities | S$31.90m |
| Total assets | S$137.06m |
Recent financial health updates
These 4 Measures Indicate That HG Metal Manufacturing (SGX:BTG) Is Using Debt Safely
Sep 28
Does HG Metal Manufacturing (SGX:BTG) Have A Healthy Balance Sheet?
Apr 12Recent updates
Sentiment Still Eluding HG Metal Manufacturing Limited (SGX:BTG)
Apr 26Fewer Investors Than Expected Jumping On HG Metal Manufacturing Limited (SGX:BTG)
Jan 19Calculating The Fair Value Of HG Metal Manufacturing Limited (SGX:BTG)
Jul 18There's Been No Shortage Of Growth Recently For HG Metal Manufacturing's (SGX:BTG) Returns On Capital
Mar 16Estimating The Intrinsic Value Of HG Metal Manufacturing Limited (SGX:BTG)
Feb 08These 4 Measures Indicate That HG Metal Manufacturing (SGX:BTG) Is Using Debt Safely
Sep 28HG Metal Manufacturing (SGX:BTG) Shareholders Will Want The ROCE Trajectory To Continue
Aug 12HG Metal Manufacturing (SGX:BTG) Is Increasing Its Dividend To S$0.04
May 01We Think HG Metal Manufacturing's (SGX:BTG) Solid Earnings Are Understated
Aug 22Returns Are Gaining Momentum At HG Metal Manufacturing (SGX:BTG)
May 26Does HG Metal Manufacturing (SGX:BTG) Have A Healthy Balance Sheet?
Apr 12HG Metal Manufacturing Limited (SGX:BTG) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Mar 08Does HG Metal Manufacturing (SGX:BTG) Have The Makings Of A Multi-Bagger?
Feb 25Financial Position Analysis
Short Term Liabilities: BTG's short term assets (SGD111.0M) exceed its short term liabilities (SGD18.2M).
Long Term Liabilities: BTG's short term assets (SGD111.0M) exceed its long term liabilities (SGD13.7M).
Debt to Equity History and Analysis
Debt Level: BTG has more cash than its total debt.
Reducing Debt: BTG's debt to equity ratio has increased from 3.3% to 8.3% over the past 5 years.
Debt Coverage: BTG's debt is well covered by operating cash flow (255.4%).
Interest Coverage: BTG's interest payments on its debt are not well covered by EBIT (1x coverage).