MindChamps PreSchool Balance Sheet Health
Financial Health criteria checks 3/6
MindChamps PreSchool has a total shareholder equity of SGD71.8M and total debt of SGD17.6M, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are SGD138.9M and SGD67.0M respectively. MindChamps PreSchool's EBIT is SGD1.9M making its interest coverage ratio 1. It has cash and short-term investments of SGD7.8M.
Key information
24.5%
Debt to equity ratio
S$17.63m
Debt
| Interest coverage ratio | 1x |
| Cash | S$7.77m |
| Equity | S$71.84m |
| Total liabilities | S$67.02m |
| Total assets | S$138.86m |
Recent financial health updates
These 4 Measures Indicate That MindChamps PreSchool (SGX:CNE) Is Using Debt Extensively
Apr 21
Here's Why MindChamps PreSchool (SGX:CNE) Has A Meaningful Debt Burden
Sep 10Is MindChamps PreSchool (SGX:CNE) A Risky Investment?
Mar 03MindChamps PreSchool (SGX:CNE) Has Debt But No Earnings; Should You Worry?
Nov 17Health Check: How Prudently Does MindChamps PreSchool (SGX:CNE) Use Debt?
Apr 01Is MindChamps PreSchool (SGX:CNE) Using Debt Sensibly?
Sep 13Recent updates
These 4 Measures Indicate That MindChamps PreSchool (SGX:CNE) Is Using Debt Extensively
Apr 21Take Care Before Jumping Onto MindChamps PreSchool Limited (SGX:CNE) Even Though It's 29% Cheaper
Mar 14Be Wary Of MindChamps PreSchool (SGX:CNE) And Its Returns On Capital
Oct 30Here's Why MindChamps PreSchool (SGX:CNE) Has A Meaningful Debt Burden
Sep 10Should You Be Adding MindChamps PreSchool (SGX:CNE) To Your Watchlist Today?
Aug 12Is MindChamps PreSchool (SGX:CNE) A Risky Investment?
Mar 03MindChamps PreSchool (SGX:CNE) Has Debt But No Earnings; Should You Worry?
Nov 17Health Check: How Prudently Does MindChamps PreSchool (SGX:CNE) Use Debt?
Apr 01Is MindChamps PreSchool (SGX:CNE) Using Debt Sensibly?
Sep 13MindChamps PreSchool's (SGX:CNE) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 13MindChamps PreSchool (SGX:CNE) Is Carrying A Fair Bit Of Debt
Apr 01MindChamps PreSchool (SGX:CNE) Share Prices Have Dropped 60% In The Last Three Years
Feb 25Does MindChamps PreSchool (SGX:CNE) Have A Healthy Balance Sheet?
Dec 22
How Much Did MindChamps PreSchool's(SGX:CNE) Shareholders Earn From Share Price Movements Over The Last Year?
Nov 17Financial Position Analysis
Short Term Liabilities: CNE's short term assets (SGD26.3M) do not cover its short term liabilities (SGD40.0M).
Long Term Liabilities: CNE's short term assets (SGD26.3M) do not cover its long term liabilities (SGD27.0M).
Debt to Equity History and Analysis
Debt Level: CNE's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: CNE's debt to equity ratio has reduced from 34.5% to 24.5% over the past 5 years.
Debt Coverage: CNE's debt is well covered by operating cash flow (117.1%).
Interest Coverage: CNE's interest payments on its debt are not well covered by EBIT (1x coverage).