AnnAik Balance Sheet Health
Financial Health criteria checks 5/6
AnnAik has a total shareholder equity of SGD79.1M and total debt of SGD23.8M, which brings its debt-to-equity ratio to 30.1%. Its total assets and total liabilities are SGD114.1M and SGD35.0M respectively. AnnAik's EBIT is SGD5.1M making its interest coverage ratio 4. It has cash and short-term investments of SGD8.6M.
Key information
30.1%
Debt to equity ratio
S$23.79m
Debt
| Interest coverage ratio | 4x |
| Cash | S$8.60m |
| Equity | S$79.08m |
| Total liabilities | S$35.03m |
| Total assets | S$114.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A52's short term assets (SGD52.5M) exceed its short term liabilities (SGD20.2M).
Long Term Liabilities: A52's short term assets (SGD52.5M) exceed its long term liabilities (SGD14.8M).
Debt to Equity History and Analysis
Debt Level: A52's net debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: A52's debt to equity ratio has reduced from 50.1% to 30.1% over the past 5 years.
Debt Coverage: A52's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: A52's interest payments on its debt are well covered by EBIT (4x coverage).