Tat Seng Packaging Group Balance Sheet Health
Financial Health criteria checks 6/6
Tat Seng Packaging Group has a total shareholder equity of SGD202.8M and total debt of SGD68.9M, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are SGD321.9M and SGD119.1M respectively. Tat Seng Packaging Group's EBIT is SGD25.2M making its interest coverage ratio -18.9. It has cash and short-term investments of SGD104.2M.
Key information
34.0%
Debt to equity ratio
S$68.89m
Debt
Interest coverage ratio | -18.9x |
Cash | S$104.24m |
Equity | S$202.82m |
Total liabilities | S$119.07m |
Total assets | S$321.89m |
Recent financial health updates
Tat Seng Packaging Group (SGX:T12) Seems To Use Debt Rather Sparingly
Jun 10Tat Seng Packaging Group (SGX:T12) Seems To Use Debt Rather Sparingly
Mar 03Recent updates
Tat Seng Packaging Group's (SGX:T12) Dividend Will Be Reduced To SGD0.02
Apr 30Tat Seng Packaging Group's (SGX:T12) Dividend Is Being Reduced To SGD0.02
Apr 16Tat Seng Packaging Group (SGX:T12) Seems To Use Debt Rather Sparingly
Jun 10Returns On Capital At Tat Seng Packaging Group (SGX:T12) Have Stalled
Mar 30Tat Seng Packaging Group (SGX:T12) Seems To Use Debt Rather Sparingly
Mar 03Did You Participate In Any Of Tat Seng Packaging Group's (SGX:T12) Fantastic 140% Return ?
Jan 26What Do The Returns On Capital At Tat Seng Packaging Group (SGX:T12) Tell Us?
Dec 03Financial Position Analysis
Short Term Liabilities: T12's short term assets (SGD208.5M) exceed its short term liabilities (SGD107.9M).
Long Term Liabilities: T12's short term assets (SGD208.5M) exceed its long term liabilities (SGD11.2M).
Debt to Equity History and Analysis
Debt Level: T12 has more cash than its total debt.
Reducing Debt: T12's debt to equity ratio has reduced from 62.8% to 34% over the past 5 years.
Debt Coverage: T12's debt is well covered by operating cash flow (63.6%).
Interest Coverage: T12 earns more interest than it pays, so coverage of interest payments is not a concern.