Union Steel Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Union Steel Holdings has a total shareholder equity of SGD93.1M and total debt of SGD44.5M, which brings its debt-to-equity ratio to 47.9%. Its total assets and total liabilities are SGD181.3M and SGD88.3M respectively. Union Steel Holdings's EBIT is SGD9.3M making its interest coverage ratio 4.8. It has cash and short-term investments of SGD16.0M.
Key information
47.86%
Debt to equity ratio
S$44.54m
Debt
| Interest coverage ratio | 4.8x |
| Cash | S$15.97m |
| Equity | S$93.07m |
| Total liabilities | S$88.27m |
| Total assets | S$181.34m |
Recent financial health updates
Union Steel Holdings (SGX:ZB9) Takes On Some Risk With Its Use Of Debt
Apr 21
Union Steel Holdings (SGX:ZB9) Seems To Use Debt Quite Sensibly
Oct 04Union Steel Holdings (SGX:ZB9) Seems To Use Debt Quite Sensibly
May 27Recent updates
Union Steel Holdings (SGX:ZB9) Takes On Some Risk With Its Use Of Debt
Apr 21Union Steel Holdings' (SGX:ZB9) Soft Earnings Are Actually Better Than They Appear
Feb 19Union Steel Holdings (SGX:ZB9) Seems To Use Debt Quite Sensibly
Oct 04Here's Why Union Steel Holdings (SGX:ZB9) Has Caught The Eye Of Investors
Aug 26Union Steel Holdings (SGX:ZB9) Seems To Use Debt Quite Sensibly
May 27Union Steel Holdings Limited (SGX:ZB9) Surges 31% Yet Its Low P/E Is No Reason For Excitement
May 08Here's Why Union Steel Holdings (SGX:ZB9) Has Caught The Eye Of Investors
Mar 01Union Steel Holdings Limited (SGX:BLA) Held Back By Insufficient Growth Even After Shares Climb 26%
Jan 25Union Steel Holdings (SGX:BLA) Will Pay A Larger Dividend Than Last Year At SGD0.05
Oct 30Why Investors Shouldn't Be Surprised By Union Steel Holdings Limited's (SGX:BLA) Low P/E
Jun 27Union Steel Holdings' (SGX:BLA) Promising Earnings May Rest On Soft Foundations
Feb 16Financial Position Analysis
Short Term Liabilities: ZB9's short term assets (SGD75.0M) exceed its short term liabilities (SGD53.9M).
Long Term Liabilities: ZB9's short term assets (SGD75.0M) exceed its long term liabilities (SGD34.3M).
Debt to Equity History and Analysis
Debt Level: ZB9's net debt to equity ratio (30.7%) is considered satisfactory.
Reducing Debt: ZB9's debt to equity ratio has reduced from 50.6% to 47.9% over the past 5 years.
Debt Coverage: ZB9's debt is well covered by operating cash flow (72.2%).
Interest Coverage: ZB9's interest payments on its debt are well covered by EBIT (4.8x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/23 17:07 |
| End of Day Share Price | 2025/05/23 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Union Steel Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.