Vicplas International Balance Sheet Health
Financial Health criteria checks 5/6
Vicplas International has a total shareholder equity of SGD76.7M and total debt of SGD16.4M, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are SGD126.6M and SGD50.0M respectively. Vicplas International's EBIT is SGD3.1M making its interest coverage ratio 3.2. It has cash and short-term investments of SGD4.5M.
Key information
21.4%
Debt to equity ratio
S$16.40m
Debt
| Interest coverage ratio | 3.2x |
| Cash | S$4.46m |
| Equity | S$76.68m |
| Total liabilities | S$49.96m |
| Total assets | S$126.65m |
Recent financial health updates
Does Vicplas International (SGX:569) Have A Healthy Balance Sheet?
Apr 21
Here's Why Vicplas International (SGX:569) Can Manage Its Debt Responsibly
Dec 15Does Vicplas International (SGX:569) Have A Healthy Balance Sheet?
Jun 15These 4 Measures Indicate That Vicplas International (SGX:569) Is Using Debt Reasonably Well
Apr 16Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For Vicplas International Ltd (SGX:569)
Jun 21Does Vicplas International (SGX:569) Have A Healthy Balance Sheet?
Apr 21More Unpleasant Surprises Could Be In Store For Vicplas International Ltd's (SGX:569) Shares After Tumbling 25%
Mar 15Returns At Vicplas International (SGX:569) Are On The Way Up
Jan 31Here's Why Vicplas International (SGX:569) Can Manage Its Debt Responsibly
Dec 15Does Vicplas International (SGX:569) Have A Healthy Balance Sheet?
Jun 15Here's What To Make Of Vicplas International's (SGX:569) Decelerating Rates Of Return
Sep 22I Ran A Stock Scan For Earnings Growth And Vicplas International (SGX:569) Passed With Ease
May 22Returns At Vicplas International (SGX:569) Appear To Be Weighed Down
May 04These 4 Measures Indicate That Vicplas International (SGX:569) Is Using Debt Reasonably Well
Apr 16Vicplas International Ltd (SGX:569) Stock's On A Decline: Are Poor Fundamentals The Cause?
Mar 11Could The Vicplas International Ltd (SGX:569) Ownership Structure Tell Us Something Useful?
Feb 18If You Like EPS Growth Then Check Out Vicplas International (SGX:569) Before It's Too Late
Feb 03Is There More To The Story Than Vicplas International's (SGX:569) Earnings Growth?
Jan 19Here's What To Make Of Vicplas International's (SGX:569) Returns On Capital
Jan 06Vicplas International (SGX:569) Has Gifted Shareholders With A Fantastic 194% Total Return On Their Investment
Dec 22Weak Financial Prospects Seem To Be Dragging Down Vicplas International Ltd (SGX:569) Stock
Dec 07
Is Vicplas International (SGX:569) Using Too Much Debt?
Nov 22Financial Position Analysis
Short Term Liabilities: 569's short term assets (SGD66.9M) exceed its short term liabilities (SGD31.2M).
Long Term Liabilities: 569's short term assets (SGD66.9M) exceed its long term liabilities (SGD18.7M).
Debt to Equity History and Analysis
Debt Level: 569's net debt to equity ratio (15.6%) is considered satisfactory.
Reducing Debt: 569's debt to equity ratio has increased from 15.7% to 21.4% over the past 5 years.
Debt Coverage: 569's debt is well covered by operating cash flow (80.9%).
Interest Coverage: 569's interest payments on its debt are well covered by EBIT (3.2x coverage).