Raffles Education Balance Sheet Health
Financial Health criteria checks 2/6
Raffles Education has a total shareholder equity of SGD681.9M and total debt of SGD225.3M, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are SGD1.1B and SGD418.2M respectively. Raffles Education's EBIT is SGD16.1M making its interest coverage ratio 0.9. It has cash and short-term investments of SGD33.1M.
Key information
33.0%
Debt to equity ratio
S$225.27m
Debt
| Interest coverage ratio | 0.9x |
| Cash | S$33.07m |
| Equity | S$681.86m |
| Total liabilities | S$418.23m |
| Total assets | S$1.10b |
Recent financial health updates
Does Raffles Education (SGX:NR7) Have A Healthy Balance Sheet?
Dec 02
Is Raffles Education (SGX:NR7) Using Too Much Debt?
Jun 23Is Raffles Education (SGX:NR7) Weighed On By Its Debt Load?
Oct 18These 4 Measures Indicate That Raffles Education (SGX:NR7) Is Using Debt Extensively
Dec 10Here's Why Raffles Education (SGX:NR7) Is Weighed Down By Its Debt Load
May 26These 4 Measures Indicate That Raffles Education (SGX:NR7) Is Using Debt In A Risky Way
Feb 16
Recent updates
Does Raffles Education (SGX:NR7) Have A Healthy Balance Sheet?
Dec 02Is Raffles Education (SGX:NR7) Using Too Much Debt?
Jun 23Is Raffles Education (SGX:NR7) Weighed On By Its Debt Load?
Oct 18These 4 Measures Indicate That Raffles Education (SGX:NR7) Is Using Debt Extensively
Dec 10Returns On Capital Signal Tricky Times Ahead For Raffles Education (SGX:NR7)
Jul 30Here's Why Raffles Education (SGX:NR7) Is Weighed Down By Its Debt Load
May 26Our Take On The Returns On Capital At Raffles Education (SGX:NR7)
Mar 09These 4 Measures Indicate That Raffles Education (SGX:NR7) Is Using Debt In A Risky Way
Feb 16Investors Who Bought Raffles Education (SGX:NR7) Shares A Year Ago Are Now Up 66%
Jan 27Raffles Education Corporation Limited (SGX:NR7) Insiders Increased Their Holdings
Dec 24Could The Raffles Education Corporation Limited (SGX:NR7) Ownership Structure Tell Us Something Useful?
Nov 24Financial Position Analysis
Short Term Liabilities: NR7's short term assets (SGD152.7M) do not cover its short term liabilities (SGD169.5M).
Long Term Liabilities: NR7's short term assets (SGD152.7M) do not cover its long term liabilities (SGD248.8M).
Debt to Equity History and Analysis
Debt Level: NR7's net debt to equity ratio (28.2%) is considered satisfactory.
Reducing Debt: NR7's debt to equity ratio has reduced from 56.9% to 33% over the past 5 years.
Debt Coverage: NR7's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: NR7's interest payments on its debt are not well covered by EBIT (0.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/09 10:48 |
| End of Day Share Price | 2025/01/09 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Raffles Education Limited is covered by 11 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brenda Lee | BNP Paribas Securities (Asia) |
| Sin Ng | CGS International |
| Y. Leung | Citigroup Inc |