AnnAik Balance Sheet Health
Financial Health criteria checks 6/6
AnnAik has a total shareholder equity of SGD78.9M and total debt of SGD22.7M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are SGD120.0M and SGD41.1M respectively. AnnAik's EBIT is SGD6.2M making its interest coverage ratio 4.5. It has cash and short-term investments of SGD11.1M.
Key information
28.8%
Debt to equity ratio
S$22.72m
Debt
Interest coverage ratio | 4.5x |
Cash | S$11.07m |
Equity | S$78.91m |
Total liabilities | S$41.13m |
Total assets | S$120.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A52's short term assets (SGD57.8M) exceed its short term liabilities (SGD24.0M).
Long Term Liabilities: A52's short term assets (SGD57.8M) exceed its long term liabilities (SGD17.1M).
Debt to Equity History and Analysis
Debt Level: A52's net debt to equity ratio (14.8%) is considered satisfactory.
Reducing Debt: A52's debt to equity ratio has reduced from 57% to 28.8% over the past 5 years.
Debt Coverage: A52's debt is well covered by operating cash flow (27.6%).
Interest Coverage: A52's interest payments on its debt are well covered by EBIT (4.5x coverage).