Union Steel Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Union Steel Holdings has a total shareholder equity of SGD88.4M and total debt of SGD27.0M, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are SGD159.0M and SGD70.6M respectively. Union Steel Holdings's EBIT is SGD11.1M making its interest coverage ratio 7. It has cash and short-term investments of SGD18.2M.
Key information
30.5%
Debt to equity ratio
S$26.97m
Debt
| Interest coverage ratio | 7x |
| Cash | S$18.20m |
| Equity | S$88.43m |
| Total liabilities | S$70.58m |
| Total assets | S$159.01m |
Recent financial health updates
Union Steel Holdings (SGX:ZB9) Seems To Use Debt Quite Sensibly
Oct 04
Union Steel Holdings (SGX:ZB9) Seems To Use Debt Quite Sensibly
May 27Recent updates
Union 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 (SGD82.7M) exceed its short term liabilities (SGD49.4M).
Long Term Liabilities: ZB9's short term assets (SGD82.7M) exceed its long term liabilities (SGD21.2M).
Debt to Equity History and Analysis
Debt Level: ZB9's net debt to equity ratio (9.9%) is considered satisfactory.
Reducing Debt: ZB9's debt to equity ratio has reduced from 49.6% to 30.5% over the past 5 years.
Debt Coverage: ZB9's debt is well covered by operating cash flow (52.8%).
Interest Coverage: ZB9's interest payments on its debt are well covered by EBIT (7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 03:43 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/06/30 |
| 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 here.
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 .
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.
| Analyst | Institution |
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