SLB Development Balance Sheet Health
Financial Health criteria checks 3/6
SLB Development has a total shareholder equity of SGD185.9M and total debt of SGD141.7M, which brings its debt-to-equity ratio to 76.2%. Its total assets and total liabilities are SGD375.2M and SGD189.3M respectively. SLB Development's EBIT is SGD947.0K making its interest coverage ratio 0.2. It has cash and short-term investments of SGD44.4M.
Key information
76.2%
Debt to equity ratio
S$141.71m
Debt
| Interest coverage ratio | 0.2x |
| Cash | S$44.43m |
| Equity | S$185.89m |
| Total liabilities | S$189.28m |
| Total assets | S$375.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1J0's short term assets (SGD318.7M) exceed its short term liabilities (SGD64.0M).
Long Term Liabilities: 1J0's short term assets (SGD318.7M) exceed its long term liabilities (SGD125.3M).
Debt to Equity History and Analysis
Debt Level: 1J0's net debt to equity ratio (52.3%) is considered high.
Reducing Debt: 1J0's debt to equity ratio has reduced from 87% to 76.2% over the past 5 years.
Debt Coverage: 1J0's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: 1J0's interest payments on its debt are not well covered by EBIT (0.2x coverage).