Old Chang Kee Balance Sheet Health

Financial Health criteria checks 6/6

Old Chang Kee has a total shareholder equity of SGD53.2M and total debt of SGD2.3M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are SGD94.1M and SGD40.8M respectively. Old Chang Kee's EBIT is SGD12.0M making its interest coverage ratio -159.5. It has cash and short-term investments of SGD49.4M.

Key information

4.3%

Debt to equity ratio

S$2.29m

Debt

Interest coverage ratio-159.5x
CashS$49.36m
EquityS$53.24m
Total liabilitiesS$40.84m
Total assetsS$94.07m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 5ML's short term assets (SGD55.4M) exceed its short term liabilities (SGD27.3M).

Long Term Liabilities: 5ML's short term assets (SGD55.4M) exceed its long term liabilities (SGD13.6M).


Debt to Equity History and Analysis

Debt Level: 5ML has more cash than its total debt.

Reducing Debt: 5ML's debt to equity ratio has reduced from 30.2% to 4.3% over the past 5 years.

Debt Coverage: 5ML's debt is well covered by operating cash flow (1151.4%).

Interest Coverage: 5ML earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:28
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Industry and Sector Metrics

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Analyst Sources

Old Chang Kee Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lin Sin SohPhillip Securities Pte Ltd