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Best World International Balance Sheet Health
Financial Health criteria checks 5/6
Best World International has a total shareholder equity of SGD643.0M and total debt of SGD19.0M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are SGD859.5M and SGD216.5M respectively. Best World International's EBIT is SGD155.4M making its interest coverage ratio -11.9. It has cash and short-term investments of SGD585.8M.
Key information
3.0%
Debt to equity ratio
S$19.00m
Debt
| Interest coverage ratio | -11.9x |
| Cash | S$585.83m |
| Equity | S$643.04m |
| Total liabilities | S$216.46m |
| Total assets | S$859.50m |
Recent financial health updates
Recent updates
Best World International's (SGX:CGN) Anemic Earnings Might Be Worse Than You Think
Aug 19
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 (SGD708.1M) exceed its short term liabilities (SGD176.5M).
Long Term Liabilities: CGN's short term assets (SGD708.1M) exceed its long term liabilities (SGD39.9M).
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 0.3% to 3% over the past 5 years.
Debt Coverage: CGN's debt is well covered by operating cash flow (582.2%).
Interest Coverage: CGN earns more interest than it pays, so coverage of interest payments is not a concern.