Kim Heng Balance Sheet Health
Financial Health criteria checks 3/6
Kim Heng has a total shareholder equity of SGD63.3M and total debt of SGD45.5M, which brings its debt-to-equity ratio to 71.9%. Its total assets and total liabilities are SGD167.2M and SGD104.0M respectively. Kim Heng's EBIT is SGD12.8M making its interest coverage ratio 4.1. It has cash and short-term investments of SGD12.2M.
Key information
71.9%
Debt to equity ratio
S$45.50m
Debt
Interest coverage ratio | 4.1x |
Cash | S$12.24m |
Equity | S$63.26m |
Total liabilities | S$103.96m |
Total assets | S$167.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5G2's short term assets (SGD70.0M) exceed its short term liabilities (SGD65.4M).
Long Term Liabilities: 5G2's short term assets (SGD70.0M) exceed its long term liabilities (SGD38.5M).
Debt to Equity History and Analysis
Debt Level: 5G2's net debt to equity ratio (52.6%) is considered high.
Reducing Debt: 5G2's debt to equity ratio has increased from 50.7% to 71.9% over the past 5 years.
Debt Coverage: 5G2's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: 5G2's interest payments on its debt are well covered by EBIT (4.1x coverage).