Kingsmen Creatives Balance Sheet Health
Financial Health criteria checks 5/6
Kingsmen Creatives has a total shareholder equity of SGD106.4M and total debt of SGD23.2M, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are SGD264.0M and SGD157.6M respectively. Kingsmen Creatives's EBIT is SGD1.5M making its interest coverage ratio 3.7. It has cash and short-term investments of SGD69.8M.
Key information
21.8%
Debt to equity ratio
S$23.23m
Debt
| Interest coverage ratio | 3.7x |
| Cash | S$69.75m |
| Equity | S$106.38m |
| Total liabilities | S$157.65m |
| Total assets | S$264.03m |
Recent financial health updates
Kingsmen Creatives (SGX:5MZ) Has Debt But No Earnings; Should You Worry?
Mar 21
Does Kingsmen Creatives (SGX:5MZ) Have A Healthy Balance Sheet?
Apr 25Health Check: How Prudently Does Kingsmen Creatives (SGX:5MZ) Use Debt?
Dec 25Recent updates
Kingsmen Creatives' (SGX:5MZ) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 18Here's Why Kingsmen Creatives (SGX:5MZ) Has Caught The Eye Of Investors
Aug 15Investors Shouldn't Be Too Comfortable With Kingsmen Creatives' (SGX:5MZ) Robust Earnings
Apr 18Kingsmen Creatives (SGX:5MZ) Has Debt But No Earnings; Should You Worry?
Mar 21Does Kingsmen Creatives (SGX:5MZ) Have A Healthy Balance Sheet?
Apr 25Have Insiders Been Buying Kingsmen Creatives Ltd. (SGX:5MZ) Shares?
Mar 03Insider Buying: The Kingsmen Creatives Ltd. (SGX:5MZ) Co-Founder & Deputy Executive Chairman Just Bought 6.0% More Shares
Mar 03Health Check: How Prudently Does Kingsmen Creatives (SGX:5MZ) Use Debt?
Dec 25Financial Position Analysis
Short Term Liabilities: 5MZ's short term assets (SGD208.9M) exceed its short term liabilities (SGD141.2M).
Long Term Liabilities: 5MZ's short term assets (SGD208.9M) exceed its long term liabilities (SGD16.4M).
Debt to Equity History and Analysis
Debt Level: 5MZ has more cash than its total debt.
Reducing Debt: 5MZ's debt to equity ratio has reduced from 29.3% to 21.8% over the past 5 years.
Debt Coverage: 5MZ's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: 5MZ's interest payments on its debt are well covered by EBIT (3.7x coverage).