Lum Chang Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Lum Chang Holdings has a total shareholder equity of SGD165.9M and total debt of SGD65.1M, which brings its debt-to-equity ratio to 39.2%. Its total assets and total liabilities are SGD439.0M and SGD273.0M respectively. Lum Chang Holdings's EBIT is SGD14.5M making its interest coverage ratio 5.8. It has cash and short-term investments of SGD53.2M.
Key information
39.2%
Debt to equity ratio
S$65.05m
Debt
| Interest coverage ratio | 5.8x |
| Cash | S$53.24m |
| Equity | S$165.93m |
| Total liabilities | S$273.03m |
| Total assets | S$438.96m |
Recent financial health updates
Lum Chang Holdings (SGX:L19) Is Making Moderate Use Of Debt
Jun 27
Is Lum Chang Holdings (SGX:L19) Weighed On By Its Debt Load?
Jun 06Is Lum Chang Holdings (SGX:L19) Weighed On By Its Debt Load?
Mar 02Recent updates
Lum Chang Holdings (SGX:L19) Is Making Moderate Use Of Debt
Jun 27Lum Chang Holdings (SGX:L19) Has Affirmed Its Dividend Of SGD0.005
Feb 14Lum Chang Holdings (SGX:L19) Has Announced A Dividend Of SGD0.01
Oct 29Increases to Lum Chang Holdings Limited's (SGX:L19) CEO Compensation Might Cool off for now
Oct 20Lum Chang Holdings (SGX:L19) Will Pay A Dividend Of SGD0.01
Oct 12Is Lum Chang Holdings (SGX:L19) Weighed On By Its Debt Load?
Jun 06Is Lum Chang Holdings (SGX:L19) Weighed On By Its Debt Load?
Mar 02Are Dividend Investors Making A Mistake With Lum Chang Holdings Limited (SGX:L19)?
Nov 24
Financial Position Analysis
Short Term Liabilities: L19's short term assets (SGD232.4M) exceed its short term liabilities (SGD202.6M).
Long Term Liabilities: L19's short term assets (SGD232.4M) exceed its long term liabilities (SGD70.4M).
Debt to Equity History and Analysis
Debt Level: L19's net debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: L19's debt to equity ratio has reduced from 76.8% to 39.2% over the past 5 years.
Debt Coverage: L19's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: L19's interest payments on its debt are well covered by EBIT (5.8x coverage).