Heatec Jietong Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Heatec Jietong Holdings has a total shareholder equity of SGD12.9M and total debt of SGD7.5M, which brings its debt-to-equity ratio to 58.5%. Its total assets and total liabilities are SGD26.1M and SGD13.3M respectively. Heatec Jietong Holdings's EBIT is SGD252.0K making its interest coverage ratio 0.5. It has cash and short-term investments of SGD2.7M.
Key information
58.5%
Debt to equity ratio
S$7.54m
Debt
Interest coverage ratio | 0.5x |
Cash | S$2.74m |
Equity | S$12.88m |
Total liabilities | S$13.26m |
Total assets | S$26.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5OR's short term assets (SGD16.4M) exceed its short term liabilities (SGD10.6M).
Long Term Liabilities: 5OR's short term assets (SGD16.4M) exceed its long term liabilities (SGD2.7M).
Debt to Equity History and Analysis
Debt Level: 5OR's net debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: 5OR's debt to equity ratio has increased from 40.5% to 58.5% over the past 5 years.
Debt Coverage: 5OR's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: 5OR's interest payments on its debt are not well covered by EBIT (0.5x coverage).