New Toyo International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
New Toyo International Holdings has a total shareholder equity of SGD184.3M and total debt of SGD331.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are SGD253.6M and SGD69.3M respectively. New Toyo International Holdings's EBIT is SGD15.6M making its interest coverage ratio 49.7. It has cash and short-term investments of SGD30.8M.
Key information
0.2%
Debt to equity ratio
S$331.00k
Debt
| Interest coverage ratio | 49.7x |
| Cash | S$30.79m |
| Equity | S$184.30m |
| Total liabilities | S$69.30m |
| Total assets | S$253.60m |
Recent financial health updates
Recent updates
New Toyo International Holdings (SGX:N08) Has Announced That It Will Be Increasing Its Dividend To SGD0.01
Apr 19
New Toyo International Holdings' (SGX:N08) Earnings Are Weaker Than They Seem
Apr 17New Toyo International Holdings (SGX:N08) Has Announced A Dividend Of SGD0.009
Sep 21Estimating The Fair Value Of New Toyo International Holdings Ltd (SGX:N08)
Jul 10Does New Toyo International Holdings (SGX:N08) Have A Healthy Balance Sheet?
Dec 19Is New Toyo International Holdings Ltd (SGX:N08) A Great Dividend Stock?
May 05We Think New Toyo International Holdings' (SGX:N08) Healthy Earnings Might Be Conservative
Apr 07Is New Toyo International Holdings (SGX:N08) Headed For Trouble?
Feb 10A Look At New Toyo International Holdings' (SGX:N08) Share Price Returns
Dec 17Financial Position Analysis
Short Term Liabilities: N08's short term assets (SGD135.3M) exceed its short term liabilities (SGD58.4M).
Long Term Liabilities: N08's short term assets (SGD135.3M) exceed its long term liabilities (SGD10.9M).
Debt to Equity History and Analysis
Debt Level: N08 has more cash than its total debt.
Reducing Debt: N08's debt to equity ratio has reduced from 31.6% to 0.2% over the past 5 years.
Debt Coverage: N08's debt is well covered by operating cash flow (10016.6%).
Interest Coverage: N08's interest payments on its debt are well covered by EBIT (49.7x coverage).