Straits Trading Balance Sheet Health
Financial Health criteria checks 1/6
Straits Trading has a total shareholder equity of SGD1.6B and total debt of SGD1.6B, which brings its debt-to-equity ratio to 101.5%. Its total assets and total liabilities are SGD3.4B and SGD1.8B respectively. Straits Trading's EBIT is SGD114.1M making its interest coverage ratio 1.5. It has cash and short-term investments of SGD509.6M.
Key information
101.5%
Debt to equity ratio
S$1.62b
Debt
| Interest coverage ratio | 1.5x |
| Cash | S$509.61m |
| Equity | S$1.60b |
| Total liabilities | S$1.84b |
| Total assets | S$3.44b |
Recent financial health updates
Here's Why Straits Trading (SGX:S20) Can Manage Its Debt Responsibly
Aug 16
Is Straits Trading (SGX:S20) A Risky Investment?
Mar 10Recent updates
Here's Why Straits Trading (SGX:S20) Can Manage Its Debt Responsibly
Aug 16Straits Trading's (SGX:S20) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 18Straits Trading's (SGX:S20) Upcoming Dividend Will Be Larger Than Last Year's
Apr 04Straits Trading's (SGX:S20) Upcoming Dividend Will Be Larger Than Last Year's
Feb 27If You Like EPS Growth Then Check Out Straits Trading (SGX:S20) Before It's Too Late
Jan 18Does Straits Trading (SGX:S20) Deserve A Spot On Your Watchlist?
Oct 20We Like These Underlying Return On Capital Trends At Straits Trading (SGX:S20)
Jun 09What To Know Before Buying The Straits Trading Company Limited (SGX:S20) For Its Dividend
May 10Is Straits Trading (SGX:S20) A Risky Investment?
Mar 10What We Make Of Straits Trading's (SGX:S20) Returns On Capital
Feb 17Should You Buy The Straits Trading Company Limited (SGX:S20) For Its Dividend?
Jan 15We're Not So Sure You Should Rely on Straits Trading's (SGX:S20) Statutory Earnings
Dec 25
Straits Trading (SGX:S20) Share Prices Have Dropped 20% In The Last Three Years
Dec 04Financial Position Analysis
Short Term Liabilities: S20's short term assets (SGD782.2M) exceed its short term liabilities (SGD396.9M).
Long Term Liabilities: S20's short term assets (SGD782.2M) do not cover its long term liabilities (SGD1.4B).
Debt to Equity History and Analysis
Debt Level: S20's net debt to equity ratio (69.6%) is considered high.
Reducing Debt: S20's debt to equity ratio has increased from 55.4% to 101.5% over the past 5 years.
Debt Coverage: S20's debt is not well covered by operating cash flow (2.5%).
Interest Coverage: S20's interest payments on its debt are not well covered by EBIT (1.5x coverage).