Tiong Woon Corporation Holding Balance Sheet Health
Financial Health criteria checks 5/6
Tiong Woon Holding has a total shareholder equity of SGD318.4M and total debt of SGD96.1M, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are SGD540.0M and SGD221.6M respectively. Tiong Woon Holding's EBIT is SGD18.1M making its interest coverage ratio 10.1. It has cash and short-term investments of SGD72.6M.
Key information
30.2%
Debt to equity ratio
S$96.10m
Debt
| Interest coverage ratio | 10.1x |
| Cash | S$72.55m |
| Equity | S$318.40m |
| Total liabilities | S$221.59m |
| Total assets | S$540.00m |
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
One Analyst Just Shaved Their Tiong Woon Corporation Holding Ltd (SGX:BQM) Forecasts Dramatically
Sep 25Tiong Woon Corporation Holding's (SGX:BQM) Earnings Are Of Questionable Quality
Sep 03Tiong 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 (SGD137.2M) exceed its short term liabilities (SGD95.0M).
Long Term Liabilities: BQM's short term assets (SGD137.2M) exceed its long term liabilities (SGD126.5M).
Debt to Equity History and Analysis
Debt Level: BQM's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: BQM's debt to equity ratio has increased from 24.2% to 30.2% over the past 5 years.
Debt Coverage: BQM's debt is well covered by operating cash flow (49.4%).
Interest Coverage: BQM's interest payments on its debt are well covered by EBIT (10.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/21 01:26 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Tiong Woon Corporation Holding Ltd is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kenneth Ng | CGS International |
| Su Tye Chua | Credit Suisse |
| Selena Leong | DMG & Partners Securities Pte Ltd. |