PEC Balance Sheet Health
Financial Health criteria checks 6/6
PEC has a total shareholder equity of SGD242.1M and total debt of SGD4.4M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are SGD432.5M and SGD190.4M respectively. PEC's EBIT is SGD12.8M making its interest coverage ratio 69.9. It has cash and short-term investments of SGD112.3M.
Key information
1.8%
Debt to equity ratio
S$4.43m
Debt
| Interest coverage ratio | 69.9x |
| Cash | S$112.33m |
| Equity | S$242.07m |
| Total liabilities | S$190.42m |
| Total assets | S$432.48m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: IX2's short term assets (SGD312.6M) exceed its short term liabilities (SGD149.4M).
Long Term Liabilities: IX2's short term assets (SGD312.6M) exceed its long term liabilities (SGD41.0M).
Debt to Equity History and Analysis
Debt Level: IX2 has more cash than its total debt.
Reducing Debt: IX2's debt to equity ratio has reduced from 5.4% to 1.8% over the past 5 years.
Debt Coverage: IX2's debt is well covered by operating cash flow (82%).
Interest Coverage: IX2's interest payments on its debt are well covered by EBIT (69.9x coverage).