Tiong Woon Corporation Holding Balance Sheet Health
Financial Health criteria checks 4/6
Tiong Woon Holding has a total shareholder equity of SGD302.5M and total debt of SGD83.9M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are SGD523.3M and SGD220.8M respectively. Tiong Woon Holding's EBIT is SGD22.6M making its interest coverage ratio 9. It has cash and short-term investments of SGD61.9M.
Key information
27.7%
Debt to equity ratio
S$83.92m
Debt
| Interest coverage ratio | 9x |
| Cash | S$61.86m |
| Equity | S$302.50m |
| Total liabilities | S$220.79m |
| Total assets | S$523.29m |
Recent financial health updates
Does Tiong Woon Corporation Holding (SGX:BQM) Have A Healthy Balance Sheet?
Mar 18
Does Tiong Woon Corporation Holding (SGX:T06) Have A Healthy Balance Sheet?
Dec 03Recent updates
Tiong Woon Corporation Holding's (SGX:BQM) Earnings Are Weaker Than They Seem
Feb 21Returns At Tiong Woon Corporation Holding (SGX:BQM) Are On The Way Up
Apr 29Does Tiong Woon Corporation Holding (SGX:BQM) Have A Healthy Balance Sheet?
Mar 18The Tiong Woon Corporation Holding (SGX:BQM) Share Price Has Gained 88% And Shareholders Are Hoping For More
Feb 11
Will the Promising Trends At Tiong Woon Corporation Holding (SGX:BQM) Continue?
Jan 18Here's Why We Think Tiong Woon Corporation Holding's (SGX:BQM) Statutory Earnings Might Be Conservative
Dec 23Does Tiong Woon Corporation Holding (SGX:T06) Have A Healthy Balance Sheet?
Dec 03Financial Position Analysis
Short Term Liabilities: BQM's short term assets (SGD131.6M) exceed its short term liabilities (SGD83.0M).
Long Term Liabilities: BQM's short term assets (SGD131.6M) do not cover its long term liabilities (SGD137.8M).
Debt to Equity History and Analysis
Debt Level: BQM's net debt to equity ratio (7.3%) is considered satisfactory.
Reducing Debt: BQM's debt to equity ratio has increased from 27.4% to 27.7% over the past 5 years.
Debt Coverage: BQM's debt is well covered by operating cash flow (43%).
Interest Coverage: BQM's interest payments on its debt are well covered by EBIT (9x coverage).