InnoTek Balance Sheet Health

Financial Health criteria checks 5/6

InnoTek has a total shareholder equity of SGD173.3M and total debt of SGD7.0M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are SGD264.1M and SGD90.7M respectively. InnoTek's EBIT is SGD4.5M making its interest coverage ratio 6.6. It has cash and short-term investments of SGD54.3M.

Key information

4.0%

Debt to equity ratio

S$6.96m

Debt

Interest coverage ratio	6.6x
Cash	S$54.28m
Equity	S$173.34m
Total liabilities	S$90.75m
Total assets	S$264.09m

Recent financial health updates

No updates

Recent updates

Shareholders May Be Wary Of Increasing InnoTek Limited's (SGX:M14) CEO Compensation Package

Apr 21

InnoTek Limited's (SGX:M14) Intrinsic Value Is Potentially 43% Above Its Share Price

Mar 05

Is There More Growth In Store For InnoTek's (SGX:M14) Returns On Capital?

Feb 20

Does InnoTek Limited (SGX:M14) Have A Place In Your Dividend Portfolio?

Feb 01

Do Insiders Own Lots Of Shares In InnoTek Limited (SGX:M14)?

Jan 21

Is It Too Late To Consider Buying InnoTek Limited (SGX:M14)?

Jan 08

How Much Did InnoTek's (SGX:M14) CEO Pocket Last Year?

Dec 22

InnoTek Limited's (SGX:M14) Intrinsic Value Is Potentially 98% Above Its Share Price

Dec 04

InnoTek (SGX:M14) Has Gifted Shareholders With A Fantastic 286% Total Return On Their Investment

Nov 19

Financial Position Analysis

Short Term Liabilities: M14's short term assets (SGD181.7M) exceed its short term liabilities (SGD77.2M).

Long Term Liabilities: M14's short term assets (SGD181.7M) exceed its long term liabilities (SGD13.6M).

Debt to Equity History and Analysis

Debt Level: M14 has more cash than its total debt.

Reducing Debt: M14's debt to equity ratio has increased from 0% to 4% over the past 5 years.

Debt Coverage: M14's debt is well covered by operating cash flow (112.6%).

Interest Coverage: M14's interest payments on its debt are well covered by EBIT (6.6x coverage).

Balance Sheet

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E.Growth

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InnoTek Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Recent updates

InnoTek Limited Announces Appointment of Ng Hin Lee as Non-Executive and Independent Director

Shareholders May Be Wary Of Increasing InnoTek Limited's (SGX:M14) CEO Compensation Package

InnoTek's (SGX:M14) Performance Is Even Better Than Its Earnings Suggest

Full year 2023 earnings released: EPS: S$0.02 (vs S$0.01 in FY 2022)

Dividend of S$0.02 announced

InnoTek Limited's (SGX:M14) Shares May Have Run Too Fast Too Soon

InnoTek Limited, Annual General Meeting, Apr 26, 2024

Innotek Limited Announces Executive Changes

InnoTek Limited to Report Fiscal Year 2023 Results on Feb 29, 2024

Full year 2023 earnings released: EPS: S$0.019 (vs S$0.01 in FY 2022)

Now 20% overvalued after recent price rise

Now 20% overvalued after recent price rise

First half 2023 earnings released: EPS: S$0.015 (vs S$0.007 loss in 1H 2022)

InnoTek Limited Approves One-Tier Tax-Exempt First and Final Dividend for the Year Ended 31 December 2022

Upcoming dividend of S$0.02 per share at 4.2% yield

Full year 2022 earnings released: EPS: S$0.01 (vs S$0.05 in FY 2021)

Full year 2022 earnings released: EPS: S$0.01 (vs S$0.05 in FY 2021)

InnoTek Limited Announces the Resignation of Ms. Sim Hwee Ai as Company Secretary

First half 2022 earnings released

InnoTek Limited Provides Group Earnings Guidance for the Six Months Ended June 30, 2022

InnoTek Limited Proposes Tax Exempted (1-Tier) First and Final Dividend, Payable on 25 May 2022

Price target increased to S$1.20

Full year 2021 earnings: EPS and revenues miss analyst expectations

InnoTek Limited, Annual General Meeting, Apr 28, 2022

Key Executive exercised options to buy S$1.8m worth of stock.

The Returns On Capital At InnoTek (SGX:M14) Don't Inspire Confidence

InnoTek Limited Proposes Final One-Tier Tax Exempt Dividend for the Financial Year 2021

Full year 2021 earnings: EPS and revenues miss analyst expectations

CFO & Corporate Controller Siew Hoon Quek has left the company

Finance Director of Mansfield Group Meow Khim Neo has left the company

InnoTek (SGX:M14) Is Looking To Continue Growing Its Returns On Capital

Upcoming dividend of S$0.02 per share

Full year 2020 earnings released: EPS S$0.061 (vs S$0.074 in FY 2019)

At S$0.80, Is It Time To Put InnoTek Limited (SGX:M14) On Your Watch List?

Did You Participate In Any Of InnoTek's (SGX:M14) Incredible 476% Return?

InnoTek Limited's (SGX:M14) Intrinsic Value Is Potentially 43% Above Its Share Price

Is There More Growth In Store For InnoTek's (SGX:M14) Returns On Capital?

New 90-day high: S$0.73

Does InnoTek Limited (SGX:M14) Have A Place In Your Dividend Portfolio?

Do Insiders Own Lots Of Shares In InnoTek Limited (SGX:M14)?

Key Executive exercised options to buy S$1.3m worth of stock.

Is It Too Late To Consider Buying InnoTek Limited (SGX:M14)?

New 90-day high: S$0.57

How Much Did InnoTek's (SGX:M14) CEO Pocket Last Year?

New 90-day high: S$0.57

InnoTek Limited's (SGX:M14) Intrinsic Value Is Potentially 98% Above Its Share Price

InnoTek (SGX:M14) Has Gifted Shareholders With A Fantastic 286% Total Return On Their Investment

New 90-day high: S$0.49

New 90-day high: S$0.45

New 90-day high - S$0.41

Earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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