LS 2 Holdings Balance Sheet Health
Financial Health criteria checks 6/6
LS 2 Holdings has a total shareholder equity of SGD19.7M and total debt of SGD1.9M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are SGD34.7M and SGD15.0M respectively. LS 2 Holdings's EBIT is SGD3.1M making its interest coverage ratio 27.4. It has cash and short-term investments of SGD4.6M.
Key information
9.8%
Debt to equity ratio
S$1.94m
Debt
| Interest coverage ratio | 27.4x |
| Cash | S$4.62m |
| Equity | S$19.70m |
| Total liabilities | S$14.97m |
| Total assets | S$34.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENV's short term assets (SGD26.6M) exceed its short term liabilities (SGD12.8M).
Long Term Liabilities: ENV's short term assets (SGD26.6M) exceed its long term liabilities (SGD2.2M).
Debt to Equity History and Analysis
Debt Level: ENV has more cash than its total debt.
Reducing Debt: ENV's debt to equity ratio has reduced from 122.9% to 9.8% over the past 5 years.
Debt Coverage: ENV's debt is well covered by operating cash flow (200.2%).
Interest Coverage: ENV's interest payments on its debt are well covered by EBIT (27.4x coverage).