Hotel Grand Central Balance Sheet Health

Financial Health criteria checks 5/6

Hotel Grand Central has a total shareholder equity of SGD1.3B and total debt of SGD58.5M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are SGD1.6B and SGD230.5M respectively. Hotel Grand Central's EBIT is SGD23.0M making its interest coverage ratio -2.1. It has cash and short-term investments of SGD238.0M.

Key information

4.4%

Debt to equity ratio

S$58.55m

Debt

Interest coverage ratio	-2.1x
Cash	S$238.02m
Equity	S$1.32b
Total liabilities	S$230.50m
Total assets	S$1.56b

Recent financial health updates

Here's Why Hotel Grand Central (SGX:H18) Can Manage Its Debt Responsibly

Mar 26

Hotel Grand Central (SGX:H18) Seems To Use Debt Quite Sensibly

Dec 25

Recent updates

Shareholders Will Be Pleased With The Quality of Hotel Grand Central's (SGX:H18) Earnings

Apr 21

How Much Did Hotel Grand Central's(SGX:H18) Shareholders Earn From Share Price Movements Over The Last Three Years?

Jan 15

Hotel Grand Central (SGX:H18) Seems To Use Debt Quite Sensibly

Dec 25

We're Not So Sure You Should Rely on Hotel Grand Central's (SGX:H18) Statutory Earnings

Dec 10

Key Things To Understand About Hotel Grand Central's (SGX:H18) CEO Pay Cheque

Nov 25

Financial Position Analysis

Short Term Liabilities: H18's short term assets (SGD314.0M) exceed its short term liabilities (SGD81.0M).

Long Term Liabilities: H18's short term assets (SGD314.0M) exceed its long term liabilities (SGD149.5M).

Debt to Equity History and Analysis

Debt Level: H18 has more cash than its total debt.

Reducing Debt: H18's debt to equity ratio has increased from 4.2% to 4.4% over the past 5 years.

Debt Coverage: H18's debt is well covered by operating cash flow (68.2%).

Interest Coverage: H18 earns more interest than it pays, so coverage of interest payments is not a concern.

Hotel Grand Central Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Here's Why Hotel Grand Central (SGX:H18) Can Manage Its Debt Responsibly

Hotel Grand Central (SGX:H18) Seems To Use Debt Quite Sensibly

Recent updates

Hotel Grand Central Limited Changes to the Composition of the Board and Board Committees, Effective from 30 April 2024

Shareholders Will Be Pleased With The Quality of Hotel Grand Central's (SGX:H18) Earnings

Full year 2023 earnings released: EPS: S$0.016 (vs S$0.001 in FY 2022)

Hotel Grand Central Limited, Annual General Meeting, Apr 29, 2024

Dividend of S$0.02 announced

Hotel Grand Central Limited Proposes First and Final One-Tier Tax Exempt Ordinary Dividend for the Year Ended 31 December 2023, Payable on 31 May 2024

Full year 2023 earnings released: EPS: S$0.016 (vs S$0.001 in FY 2022)

Hotel Grand Central Limited Announces Renaming of the Audit Committee to Audit and Risk Committee and Its Members

First half 2023 earnings released: EPS: S$0.014 (vs S$0.007 in 1H 2022)

Upcoming dividend of S$0.02 per share at 2.2% yield

Upcoming dividend of S$0.02 per share at 2.2% yield

Full year 2022 earnings released: EPS: S$0.001 (vs S$0.019 in FY 2021)

Full year 2022 earnings released: EPS: S$0.001 (vs S$0.019 in FY 2021)

Insufficient new directors

First half 2022 earnings released

Upcoming dividend of S$0.01 per share

Hotel Grand Central Limited Approves First and Final One-Tier Tax Exempt Ordinary Dividend for the Year Ended December 31, 2021

Insufficient new directors

Full year 2021 earnings released: EPS: S$0.019 (vs S$0.051 in FY 2020)

Hotel Grand Central Limited Proposes First and Final One-Tier Tax Exempt Ordinary Dividend for the Year 2021

Hotel Grand Central Limited Announces the Resignation of Franco Delli Cicchi as Group General Manager

Insufficient new directors

Hotel Grand Central Limited Announces Executive Changes

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

An unknown buyer acquired Hotel Grand Chancellor (Palm Cove) Pty Limited from Hotel Grand Central Limited (SGX:H18) for AUD 10.9 million.

Non Independent Non-Executive Director recently bought S$53k worth of stock

Capital Allocation Trends At Hotel Grand Central (SGX:H18) Aren't Ideal

Full year 2020 earnings released: EPS S$0.051 (vs S$0.036 in FY 2019)

Here's Why Hotel Grand Central (SGX:H18) Can Manage Its Debt Responsibly

Is Hotel Grand Central Limited (SGX:H18) A Good Dividend Stock?

Full year 2020 earnings released

What Do The Returns On Capital At Hotel Grand Central (SGX:H18) Tell Us?

How Much Did Hotel Grand Central's(SGX:H18) Shareholders Earn From Share Price Movements Over The Last Three Years?

New 90-day high: S$1.05

Hotel Grand Central (SGX:H18) Seems To Use Debt Quite Sensibly

We're Not So Sure You Should Rely on Hotel Grand Central's (SGX:H18) Statutory Earnings

New 90-day high: S$1.01

Key Things To Understand About Hotel Grand Central's (SGX:H18) CEO Pay Cheque

New 90-day high: S$0.96

First half earnings released

New 90-day low - S$0.90

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Discover healthy companies