LS 2 Holdings Balance Sheet Health
Financial Health criteria checks 6/6
LS 2 Holdings has a total shareholder equity of SGD18.0M and total debt of SGD2.3M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are SGD32.4M and SGD14.4M respectively. LS 2 Holdings's EBIT is SGD1.9M making its interest coverage ratio 16.4. It has cash and short-term investments of SGD8.2M.
Key information
12.8%
Debt to equity ratio
S$2.31m
Debt
| Interest coverage ratio | 16.4x |
| Cash | S$8.21m |
| Equity | S$18.03m |
| Total liabilities | S$14.39m |
| Total assets | S$32.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENV's short term assets (SGD25.0M) exceed its short term liabilities (SGD11.9M).
Long Term Liabilities: ENV's short term assets (SGD25.0M) exceed its long term liabilities (SGD2.5M).
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 103% to 12.8% over the past 5 years.
Debt Coverage: ENV's debt is well covered by operating cash flow (223.5%).
Interest Coverage: ENV's interest payments on its debt are well covered by EBIT (16.4x coverage).