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
PEC's (SGX:IX2) Strong Earnings Are Of Good Quality
Oct 17
PEC (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.