Straco Balance Sheet Health
Financial Health criteria checks 6/6
Straco has a total shareholder equity of SGD272.4M and total debt of SGD7.0M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are SGD350.8M and SGD78.4M respectively. Straco's EBIT is SGD33.1M making its interest coverage ratio -13. It has cash and short-term investments of SGD169.8M.
Key information
2.6%
Debt to equity ratio
S$7.05m
Debt
| Interest coverage ratio | -13x |
| Cash | S$169.80m |
| Equity | S$272.39m |
| Total liabilities | S$78.40m |
| Total assets | S$350.79m |
Recent financial health updates
Does Straco (SGX:S85) Have A Healthy Balance Sheet?
Nov 17
Is Straco (SGX:S85) A Risky Investment?
May 10Is Straco (SGX:S85) Using Debt In A Risky Way?
Apr 01Is Straco (SGX:S85) A Risky Investment?
Nov 19Recent updates
Does Straco (SGX:S85) Have A Healthy Balance Sheet?
Nov 17Is Straco (SGX:S85) A Risky Investment?
May 10Is Straco (SGX:S85) Using Debt In A Risky Way?
Apr 01Will Straco (SGX:S85) Multiply In Value Going Forward?
Feb 07Straco's (SGX:S85) Shareholders Are Down 34% On Their Shares
Jan 11
Straco Corporation Limited (SGX:S85) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Dec 15Is Straco (SGX:S85) A Risky Investment?
Nov 19Financial Position Analysis
Short Term Liabilities: S85's short term assets (SGD178.7M) exceed its short term liabilities (SGD13.8M).
Long Term Liabilities: S85's short term assets (SGD178.7M) exceed its long term liabilities (SGD64.6M).
Debt to Equity History and Analysis
Debt Level: S85 has more cash than its total debt.
Reducing Debt: S85's debt to equity ratio has reduced from 12.8% to 2.6% over the past 5 years.
Debt Coverage: S85's debt is well covered by operating cash flow (527%).
Interest Coverage: S85 earns more interest than it pays, so coverage of interest payments is not a concern.