GP Industries Balance Sheet Health
Financial Health criteria checks 2/6
GP Industries has a total shareholder equity of SGD512.4M and total debt of SGD470.3M, which brings its debt-to-equity ratio to 91.8%. Its total assets and total liabilities are SGD1.3B and SGD807.1M respectively. GP Industries's EBIT is SGD33.8M making its interest coverage ratio 1.1. It has cash and short-term investments of SGD157.7M.
Key information
91.8%
Debt to equity ratio
S$470.33m
Debt
Interest coverage ratio | 1.1x |
Cash | S$157.69m |
Equity | S$512.35m |
Total liabilities | S$807.05m |
Total assets | S$1.32b |
Recent financial health updates
GP Industries (SGX:G20) Has A Somewhat Strained Balance Sheet
Jun 09These 4 Measures Indicate That GP Industries (SGX:G20) Is Using Debt In A Risky Way
Jan 14Recent updates
GP Industries' (SGX:G20) Dividend Is Being Reduced To SGD0.015
Aug 01GP Industries' (SGX:G20) Dividend Is Being Reduced To SGD0.01
Nov 25GP Industries (SGX:G20) Has A Somewhat Strained Balance Sheet
Jun 09A Look At The Fair Value Of GP Industries Limited (SGX:G20)
Feb 18These 4 Measures Indicate That GP Industries (SGX:G20) Is Using Debt In A Risky Way
Jan 14How Much Did GP Industries'(SGX:G20) Shareholders Earn From Share Price Movements Over The Last Three Years?
Dec 10Financial Position Analysis
Short Term Liabilities: G20's short term assets (SGD603.8M) do not cover its short term liabilities (SGD717.4M).
Long Term Liabilities: G20's short term assets (SGD603.8M) exceed its long term liabilities (SGD89.6M).
Debt to Equity History and Analysis
Debt Level: G20's net debt to equity ratio (61%) is considered high.
Reducing Debt: G20's debt to equity ratio has reduced from 104.8% to 91.8% over the past 5 years.
Debt Coverage: G20's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: G20's interest payments on its debt are not well covered by EBIT (1.1x coverage).