PEC Balance Sheet Health
Financial Health criteria checks 6/6
PEC has a total shareholder equity of SGD254.5M and total debt of SGD3.7M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are SGD401.6M and SGD147.1M respectively. PEC's EBIT is SGD22.3M making its interest coverage ratio -21.4. It has cash and short-term investments of SGD146.6M.
Key information
1.4%
Debt to equity ratio
S$3.66m
Debt
| Interest coverage ratio | -21.4x |
| Cash | S$146.60m |
| Equity | S$254.53m |
| Total liabilities | S$147.05m |
| Total assets | S$401.58m |
Recent financial health updates
Recent updates
Subdued Growth No Barrier To PEC Ltd. (SGX:IX2) With Shares Advancing 28%
Dec 02
PEC's (SGX:IX2) Strong Earnings Are Of Good Quality
Oct 17PEC (SGX:IX2) Is Paying Out Less In Dividends Than Last Year
Oct 19Returns At PEC (SGX:IX2) Are On The Way Up
May 17Is PEC (SGX:IX2) Using Too Much Debt?
Mar 07Will PEC's (SGX:IX2) Growth In ROCE Persist?
Feb 01
Did PEC Ltd. (SGX:IX2) Insiders Buy Up More Shares?
Dec 09Financial Position Analysis
Short Term Liabilities: IX2's short term assets (SGD284.6M) exceed its short term liabilities (SGD103.4M).
Long Term Liabilities: IX2's short term assets (SGD284.6M) exceed its long term liabilities (SGD43.7M).
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 7.8% to 1.4% over the past 5 years.
Debt Coverage: IX2's debt is well covered by operating cash flow (1150.2%).
Interest Coverage: IX2 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 16:56 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
PEC Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Zhi Yeo | CGS International |
| Jeremy Thia | DBS Vickers Research |
| Jiun Chia | OCBC Investment Research Pte Ltd. |