Mencast Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Mencast Holdings has a total shareholder equity of SGD32.1M and total debt of SGD65.5M, which brings its debt-to-equity ratio to 204.2%. Its total assets and total liabilities are SGD178.3M and SGD146.2M respectively. Mencast Holdings's EBIT is SGD2.7M making its interest coverage ratio 0.4. It has cash and short-term investments of SGD10.0M.
Key information
204.2%
Debt to equity ratio
S$65.52m
Debt
| Interest coverage ratio | 0.4x |
| Cash | S$10.01m |
| Equity | S$32.09m |
| Total liabilities | S$146.20m |
| Total assets | S$178.30m |
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 (SGD99.2M) exceed its short term liabilities (SGD87.6M).
Long Term Liabilities: 5NF's short term assets (SGD99.2M) exceed its long term liabilities (SGD58.6M).
Debt to Equity History and Analysis
Debt Level: 5NF's net debt to equity ratio (173%) is considered high.
Reducing Debt: 5NF's debt to equity ratio has reduced from 393.7% to 204.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 5NF has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 5NF is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.3% per year.