iFAST Balance Sheet Health
Financial Health criteria checks 6/6
iFAST has a total shareholder equity of SGD257.4M and total debt of SGD34.5M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are SGD832.9M and SGD575.5M respectively. iFAST's EBIT is SGD43.7M making its interest coverage ratio 5.7. It has cash and short-term investments of SGD460.5M.
Key information
13.4%
Debt to equity ratio
S$34.47m
Debt
| Interest coverage ratio | 5.7x |
| Cash | S$460.48m |
| Equity | S$257.38m |
| Total liabilities | S$575.52m |
| Total assets | S$832.90m |
Recent financial health updates
No updates
Recent updates
The Price Is Right For iFAST Corporation Ltd. (SGX:AIY)
Apr 17
Market Participants Recognise iFAST Corporation Ltd.'s (SGX:AIY) Revenues
Jan 06Do iFAST's (SGX:AIY) Earnings Warrant Your Attention?
Nov 29Does iFAST (SGX:AIY) Deserve A Spot On Your Watchlist?
Aug 17Should You Be Adding iFAST (SGX:AIY) To Your Watchlist Today?
Apr 14What Is The Ownership Structure Like For iFAST Corporation Ltd. (SGX:AIY)?
Mar 03Have Insiders Sold iFAST Corporation Ltd. (SGX:AIY) Shares Recently?
Feb 10Financial Position Analysis
Short Term Liabilities: AIY's short term assets (SGD667.2M) exceed its short term liabilities (SGD556.6M).
Long Term Liabilities: AIY's short term assets (SGD667.2M) exceed its long term liabilities (SGD19.0M).
Debt to Equity History and Analysis
Debt Level: AIY has more cash than its total debt.
Reducing Debt: AIY's debt to equity ratio has reduced from 43.8% to 13.4% over the past 5 years.
Debt Coverage: AIY's debt is well covered by operating cash flow (793.3%).
Interest Coverage: AIY's interest payments on its debt are well covered by EBIT (5.7x coverage).