Olive Tree Estates Balance Sheet Health
Financial Health criteria checks 4/6
Olive Tree Estates has a total shareholder equity of SGD10.2M and total debt of SGD8.1M, which brings its debt-to-equity ratio to 78.8%. Its total assets and total liabilities are SGD19.9M and SGD9.7M respectively.
Key information
78.8%
Debt to equity ratio
S$8.05m
Debt
| Interest coverage ratio | n/a |
| Cash | S$3.34m |
| Equity | S$10.21m |
| Total liabilities | S$9.71m |
| Total assets | S$19.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1H2's short term assets (SGD3.6M) exceed its short term liabilities (SGD3.0M).
Long Term Liabilities: 1H2's short term assets (SGD3.6M) do not cover its long term liabilities (SGD6.8M).
Debt to Equity History and Analysis
Debt Level: 1H2's net debt to equity ratio (46.2%) is considered high.
Reducing Debt: 1H2's debt to equity ratio has reduced from 125.5% to 78.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 1H2 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 1H2 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 54% each year