Bonvests Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Bonvests Holdings has a total shareholder equity of SGD837.8M and total debt of SGD355.7M, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are SGD1.3B and SGD460.6M respectively. Bonvests Holdings's EBIT is SGD21.2M making its interest coverage ratio 1.1. It has cash and short-term investments of SGD30.5M.
Key information
42.5%
Debt to equity ratio
S$355.67m
Debt
Interest coverage ratio | 1.1x |
Cash | S$30.47m |
Equity | S$837.84m |
Total liabilities | S$460.55m |
Total assets | S$1.30b |
Recent financial health updates
Is Bonvests Holdings (SGX:B28) Using Debt In A Risky Way?
Aug 12Bonvests Holdings (SGX:B28) Has Debt But No Earnings; Should You Worry?
Feb 26Recent updates
Bonvests Holdings' (SGX:B28) Solid Profits Have Weak Fundamentals
Mar 03Is Bonvests Holdings (SGX:B28) Using Debt In A Risky Way?
Aug 12Bonvests Holdings (SGX:B28) Has Debt But No Earnings; Should You Worry?
Feb 26What Type Of Returns Would Bonvests Holdings'(SGX:B28) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Nov 17Financial Position Analysis
Short Term Liabilities: B28's short term assets (SGD68.3M) do not cover its short term liabilities (SGD164.4M).
Long Term Liabilities: B28's short term assets (SGD68.3M) do not cover its long term liabilities (SGD296.1M).
Debt to Equity History and Analysis
Debt Level: B28's net debt to equity ratio (38.8%) is considered satisfactory.
Reducing Debt: B28's debt to equity ratio has increased from 35.8% to 42.5% over the past 5 years.
Debt Coverage: B28's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: B28's interest payments on its debt are not well covered by EBIT (1.1x coverage).