Mencast Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Mencast Holdings has a total shareholder equity of SGD32.4M and total debt of SGD55.6M, which brings its debt-to-equity ratio to 171.8%. Its total assets and total liabilities are SGD181.0M and SGD148.6M respectively. Mencast Holdings's EBIT is SGD4.1M making its interest coverage ratio 0.6. It has cash and short-term investments of SGD10.6M.
Key information
171.8%
Debt to equity ratio
S$55.60m
Debt
| Interest coverage ratio | 0.6x |
| Cash | S$10.59m |
| Equity | S$32.36m |
| Total liabilities | S$148.63m |
| Total assets | S$180.99m |
Recent financial health updates
We Think Mencast Holdings (SGX:5NF) Is Taking Some Risk With Its Debt
Oct 28
Mencast Holdings (SGX:5NF) Takes On Some Risk With Its Use Of Debt
Jun 08Is Mencast Holdings (SGX:5NF) Weighed On By Its Debt Load?
Dec 09Is Mencast Holdings (SGX:5NF) Using Debt In A Risky Way?
Aug 26Is Mencast Holdings (SGX:5NF) Using Too Much Debt?
Apr 28Does Mencast Holdings (SGX:5NF) Have A Healthy Balance Sheet?
Jan 13
Recent updates
Mencast Holdings (SGX:5NF) Might Have The Makings Of A Multi-Bagger
Feb 16We Think Mencast Holdings (SGX:5NF) Is Taking Some Risk With Its Debt
Oct 28There's Been No Shortage Of Growth Recently For Mencast Holdings' (SGX:5NF) Returns On Capital
Jul 26Mencast Holdings (SGX:5NF) Takes On Some Risk With Its Use Of Debt
Jun 08The Market Doesn't Like What It Sees From Mencast Holdings Ltd.'s (SGX:5NF) Earnings Yet
Mar 02Is Mencast Holdings (SGX:5NF) Weighed On By Its Debt Load?
Dec 09Is Mencast Holdings (SGX:5NF) Using Debt In A Risky Way?
Aug 26Is Mencast Holdings (SGX:5NF) Using Too Much Debt?
Apr 28Does Mencast Holdings (SGX:5NF) Have A Healthy Balance Sheet?
Jan 13Financial Position Analysis
Short Term Liabilities: 5NF's short term assets (SGD99.4M) exceed its short term liabilities (SGD86.8M).
Long Term Liabilities: 5NF's short term assets (SGD99.4M) exceed its long term liabilities (SGD61.8M).
Debt to Equity History and Analysis
Debt Level: 5NF's net debt to equity ratio (139.1%) is considered high.
Reducing Debt: 5NF's debt to equity ratio has reduced from 348.6% to 171.8% over the past 5 years.
Debt Coverage: 5NF's debt is well covered by operating cash flow (34.2%).
Interest Coverage: 5NF's interest payments on its debt are not well covered by EBIT (0.6x coverage).