Tung Lok Restaurants (2000) Ltd

Catalist:540 Stock Report

Market Cap: S$31.6m

Tung Lok Restaurants (2000) Balance Sheet Health

Financial Health criteria checks 5/6

Tung Lok Restaurants (2000) has a total shareholder equity of SGD12.4M and total debt of SGD2.0M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are SGD49.8M and SGD37.4M respectively. Tung Lok Restaurants (2000)'s EBIT is SGD347.5K making its interest coverage ratio 0.9. It has cash and short-term investments of SGD12.6M.

Key information

16.1%

Debt to equity ratio

S$2.00m

Debt

Interest coverage ratio0.9x
CashS$12.63m
EquityS$12.44m
Total liabilitiesS$37.41m
Total assetsS$49.85m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 540's short term assets (SGD19.7M) exceed its short term liabilities (SGD17.8M).

Long Term Liabilities: 540's short term assets (SGD19.7M) exceed its long term liabilities (SGD19.6M).


Debt to Equity History and Analysis

Debt Level: 540 has more cash than its total debt.

Reducing Debt: 540's debt to equity ratio has increased from 12.8% to 16.1% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 540 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 540 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.4% per year.


Discover healthy companies