Bonvests Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Bonvests Holdings has a total shareholder equity of SGD835.4M and total debt of SGD354.4M, which brings its debt-to-equity ratio to 42.4%. Its total assets and total liabilities are SGD1.3B and SGD456.0M respectively. Bonvests Holdings's EBIT is SGD19.3M making its interest coverage ratio 1. It has cash and short-term investments of SGD28.0M.
Key information
42.4%
Debt to equity ratio
S$354.41m
Debt
| Interest coverage ratio | 1x |
| Cash | S$27.96m |
| Equity | S$835.45m |
| Total liabilities | S$455.95m |
| Total assets | S$1.29b |
Recent financial health updates
Is Bonvests Holdings (SGX:B28) Using Debt In A Risky Way?
Aug 12
Bonvests 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 17
Financial Position Analysis
Short Term Liabilities: B28's short term assets (SGD65.7M) do not cover its short term liabilities (SGD158.4M).
Long Term Liabilities: B28's short term assets (SGD65.7M) do not cover its long term liabilities (SGD297.5M).
Debt to Equity History and Analysis
Debt Level: B28's net debt to equity ratio (39.1%) is considered satisfactory.
Reducing Debt: B28's debt to equity ratio has increased from 35.2% to 42.4% over the past 5 years.
Debt Coverage: B28's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: B28's interest payments on its debt are not well covered by EBIT (1x coverage).