Advancer Global Balance Sheet Health
Financial Health criteria checks 3/6
Advancer Global has a total shareholder equity of SGD31.6M and total debt of SGD500.0K, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are SGD43.7M and SGD12.0M respectively.
Key information
1.6%
Debt to equity ratio
S$500.00k
Debt
| Interest coverage ratio | n/a |
| Cash | S$19.81m |
| Equity | S$31.61m |
| Total liabilities | S$12.04m |
| Total assets | S$43.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 43Q's short term assets (SGD35.2M) exceed its short term liabilities (SGD10.5M).
Long Term Liabilities: 43Q's short term assets (SGD35.2M) exceed its long term liabilities (SGD1.6M).
Debt to Equity History and Analysis
Debt Level: 43Q has more cash than its total debt.
Reducing Debt: 43Q's debt to equity ratio has increased from 1.5% to 1.6% over the past 5 years.
Debt Coverage: 43Q's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 43Q's interest payments on its debt are well covered by EBIT.