Secura Group Balance Sheet Health
Financial Health criteria checks 6/6
Secura Group has a total shareholder equity of SGD43.8M and total debt of SGD2.8M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are SGD59.3M and SGD15.5M respectively. Secura Group's EBIT is SGD1.7M making its interest coverage ratio -7.8. It has cash and short-term investments of SGD16.2M.
Key information
6.3%
Debt to equity ratio
S$2.78m
Debt
Interest coverage ratio | -7.8x |
Cash | S$16.15m |
Equity | S$43.78m |
Total liabilities | S$15.48m |
Total assets | S$59.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 43B's short term assets (SGD33.1M) exceed its short term liabilities (SGD10.5M).
Long Term Liabilities: 43B's short term assets (SGD33.1M) exceed its long term liabilities (SGD4.9M).
Debt to Equity History and Analysis
Debt Level: 43B has more cash than its total debt.
Reducing Debt: 43B's debt to equity ratio has reduced from 23.3% to 6.3% over the past 5 years.
Debt Coverage: 43B's debt is well covered by operating cash flow (64.9%).
Interest Coverage: 43B earns more interest than it pays, so coverage of interest payments is not a concern.