Best World International Balance Sheet Health
Financial Health criteria checks 5/6
Best World International has a total shareholder equity of SGD590.3M and total debt of SGD15.0M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are SGD864.9M and SGD274.6M respectively. Best World International's EBIT is SGD156.2M making its interest coverage ratio -13.1. It has cash and short-term investments of SGD622.7M.
Key information
2.5%
Debt to equity ratio
S$15.00m
Debt
Interest coverage ratio | -13.1x |
Cash | S$622.69m |
Equity | S$590.30m |
Total liabilities | S$274.57m |
Total assets | S$864.87m |
Recent financial health updates
No updates
Recent updates
Little Excitement Around Best World International Limited's (SGX:CGN) Earnings
Mar 26Best World International (SGX:CGN) Is Reinvesting At Lower Rates Of Return
Mar 01Returns On Capital Signal Tricky Times Ahead For Best World International (SGX:CGN)
Apr 27A Look At The Fair Value Of Best World International Limited (SGX:CGN)
Feb 08Many Still Looking Away From Best World International Limited (SGX:CGN)
Jan 05Financial Position Analysis
Short Term Liabilities: CGN's short term assets (SGD715.1M) exceed its short term liabilities (SGD233.0M).
Long Term Liabilities: CGN's short term assets (SGD715.1M) exceed its long term liabilities (SGD41.6M).
Debt to Equity History and Analysis
Debt Level: CGN has more cash than its total debt.
Reducing Debt: CGN's debt to equity ratio has increased from 1.3% to 2.5% over the past 5 years.
Debt Coverage: CGN's debt is well covered by operating cash flow (823.5%).
Interest Coverage: CGN earns more interest than it pays, so coverage of interest payments is not a concern.