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 ratio | 0.9x |
Cash | S$12.63m |
Equity | S$12.44m |
Total liabilities | S$37.41m |
Total assets | S$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.