Straco Balance Sheet Health
Financial Health criteria checks 6/6
Straco has a total shareholder equity of SGD267.1M and total debt of SGD6.5M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are SGD344.8M and SGD77.8M respectively. Straco's EBIT is SGD36.5M making its interest coverage ratio -12.1. It has cash and short-term investments of SGD164.9M.
Key information
2.5%
Debt to equity ratio
S$6.55m
Debt
| Interest coverage ratio | -12.1x |
| Cash | S$164.86m |
| Equity | S$267.08m |
| Total liabilities | S$77.75m |
| Total assets | S$344.83m |
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 (SGD175.4M) exceed its short term liabilities (SGD13.3M).
Long Term Liabilities: S85's short term assets (SGD175.4M) exceed its long term liabilities (SGD64.5M).
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 11.2% to 2.5% over the past 5 years.
Debt Coverage: S85's debt is well covered by operating cash flow (560.5%).
Interest Coverage: S85 earns more interest than it pays, so coverage of interest payments is not a concern.