Baker Technology Balance Sheet Health
Financial Health criteria checks 6/6
Baker Technology has a total shareholder equity of SGD254.6M and total debt of SGD7.6M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are SGD293.2M and SGD38.6M respectively. Baker Technology's EBIT is SGD15.4M making its interest coverage ratio -7.5. It has cash and short-term investments of SGD99.0M.
Key information
3.0%
Debt to equity ratio
S$7.63m
Debt
Interest coverage ratio | -7.5x |
Cash | S$98.95m |
Equity | S$254.57m |
Total liabilities | S$38.63m |
Total assets | S$293.19m |
Recent financial health updates
Baker Technology (SGX:BTP) Seems To Use Debt Rather Sparingly
May 17Baker Technology (SGX:BTP) Has Debt But No Earnings; Should You Worry?
Apr 30Recent updates
Baker Technology (SGX:BTP) Is Increasing Its Dividend To SGD0.015
Apr 28Baker Technology (SGX:BTP) Has Announced That It Will Be Increasing Its Dividend To SGD0.015
Apr 14Baker Technology (SGX:BTP) Is Experiencing Growth In Returns On Capital
Nov 29Returns Are Gaining Momentum At Baker Technology (SGX:BTP)
Aug 02Baker Technology (SGX:BTP) Seems To Use Debt Rather Sparingly
May 17Baker Technology's (SGX:BTP) Earnings Are Weaker Than They Seem
Mar 04Baker Technology (SGX:BTP) Has Debt But No Earnings; Should You Worry?
Apr 30Who Has Been Buying Baker Technology Limited (SGX:BTP) Shares?
Mar 01Would Shareholders Who Purchased Baker Technology's (SGX:BTP) Stock Five Years Be Happy With The Share price Today?
Jan 23Financial Position Analysis
Short Term Liabilities: BTP's short term assets (SGD137.9M) exceed its short term liabilities (SGD28.8M).
Long Term Liabilities: BTP's short term assets (SGD137.9M) exceed its long term liabilities (SGD9.8M).
Debt to Equity History and Analysis
Debt Level: BTP has more cash than its total debt.
Reducing Debt: BTP's debt to equity ratio has reduced from 4.5% to 3% over the past 5 years.
Debt Coverage: BTP's debt is well covered by operating cash flow (398.6%).
Interest Coverage: BTP earns more interest than it pays, so coverage of interest payments is not a concern.