Beng Kuang Marine Balance Sheet Health
Financial Health criteria checks 6/6
Beng Kuang Marine has a total shareholder equity of SGD23.5M and total debt of SGD6.7M, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are SGD69.8M and SGD46.2M respectively. Beng Kuang Marine's EBIT is SGD16.5M making its interest coverage ratio 12.9. It has cash and short-term investments of SGD19.7M.
Key information
28.3%
Debt to equity ratio
S$6.66m
Debt
| Interest coverage ratio | 12.9x |
| Cash | S$19.67m |
| Equity | S$23.55m |
| Total liabilities | S$46.23m |
| Total assets | S$69.78m |
Recent financial health updates
These 4 Measures Indicate That Beng Kuang Marine (SGX:BEZ) Is Using Debt Reasonably Well
Jun 21
We Think Beng Kuang Marine (SGX:BEZ) Is Taking Some Risk With Its Debt
Aug 25Is Beng Kuang Marine (SGX:BEZ) Weighed On By Its Debt Load?
Apr 05Does Beng Kuang Marine (SGX:BEZ) Have A Healthy Balance Sheet?
Nov 21Is Beng Kuang Marine (SGX:BEZ) Using Debt In A Risky Way?
Mar 07Is Beng Kuang Marine (SGX:BEZ) Using Too Much Debt?
Sep 26Recent updates
Beng Kuang Marine Limited's (SGX:BEZ) P/S Is Still On The Mark Following 26% Share Price Bounce
Sep 30Beng Kuang Marine Limited's (SGX:BEZ) Stock Retreats 33% But Revenues Haven't Escaped The Attention Of Investors
Aug 07Investors Still Aren't Entirely Convinced By Beng Kuang Marine Limited's (SGX:BEZ) Revenues Despite 29% Price Jump
Jun 21These 4 Measures Indicate That Beng Kuang Marine (SGX:BEZ) Is Using Debt Reasonably Well
Jun 21Beng Kuang Marine Limited's (SGX:BEZ) Shares Leap 38% Yet They're Still Not Telling The Full Story
Apr 01What Beng Kuang Marine Limited's (SGX:BEZ) 40% Share Price Gain Is Not Telling You
Jan 09We Think Beng Kuang Marine (SGX:BEZ) Is Taking Some Risk With Its Debt
Aug 25Some Shareholders Feeling Restless Over Beng Kuang Marine Limited's (SGX:BEZ) P/S Ratio
Jul 14Is Beng Kuang Marine (SGX:BEZ) Weighed On By Its Debt Load?
Apr 05Does Beng Kuang Marine (SGX:BEZ) Have A Healthy Balance Sheet?
Nov 21Calculating The Intrinsic Value Of Beng Kuang Marine Limited (SGX:BEZ)
Oct 15Is Beng Kuang Marine (SGX:BEZ) Using Debt In A Risky Way?
Mar 07Is Beng Kuang Marine (SGX:BEZ) Using Too Much Debt?
Sep 26Is Beng Kuang Marine (SGX:BEZ) Using Too Much Debt?
Jun 13Does Beng Kuang Marine (SGX:BEZ) Have A Healthy Balance Sheet?
Feb 28Financial Position Analysis
Short Term Liabilities: BEZ's short term assets (SGD56.7M) exceed its short term liabilities (SGD44.2M).
Long Term Liabilities: BEZ's short term assets (SGD56.7M) exceed its long term liabilities (SGD2.0M).
Debt to Equity History and Analysis
Debt Level: BEZ has more cash than its total debt.
Reducing Debt: BEZ's debt to equity ratio has reduced from 58.8% to 28.3% over the past 5 years.
Debt Coverage: BEZ's debt is well covered by operating cash flow (83.1%).
Interest Coverage: BEZ's interest payments on its debt are well covered by EBIT (12.9x coverage).