Abundante Balance Sheet Health
Financial Health criteria checks 6/6
Abundante has a total shareholder equity of SGD18.4M and total debt of SGD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SGD19.5M and SGD1.1M respectively. Abundante's EBIT is SGD595.0K making its interest coverage ratio -1.7. It has cash and short-term investments of SGD13.1M.
Key information
0%
Debt to equity ratio
S$0
Debt
| Interest coverage ratio | -1.7x |
| Cash | S$13.12m |
| Equity | S$18.35m |
| Total liabilities | S$1.14m |
| Total assets | S$19.50m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 570's short term assets (SGD16.3M) exceed its short term liabilities (SGD1.0M).
Long Term Liabilities: 570's short term assets (SGD16.3M) exceed its long term liabilities (SGD103.0K).
Debt to Equity History and Analysis
Debt Level: 570 is debt free.
Reducing Debt: 570 has no debt compared to 5 years ago when its debt to equity ratio was 1.2%.
Debt Coverage: 570 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 570 has no debt, therefore coverage of interest payments is not a concern.