SLB Development Balance Sheet Health
Financial Health criteria checks 3/6
SLB Development has a total shareholder equity of SGD202.7M and total debt of SGD164.3M, which brings its debt-to-equity ratio to 81.1%. Its total assets and total liabilities are SGD388.4M and SGD185.7M respectively. SLB Development's EBIT is SGD6.0M making its interest coverage ratio 0.9. It has cash and short-term investments of SGD16.9M.
Key information
81.1%
Debt to equity ratio
S$164.30m
Debt
Interest coverage ratio | 0.9x |
Cash | S$16.91m |
Equity | S$202.68m |
Total liabilities | S$185.69m |
Total assets | S$388.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1J0's short term assets (SGD331.7M) exceed its short term liabilities (SGD120.1M).
Long Term Liabilities: 1J0's short term assets (SGD331.7M) exceed its long term liabilities (SGD65.6M).
Debt to Equity History and Analysis
Debt Level: 1J0's net debt to equity ratio (72.7%) is considered high.
Reducing Debt: 1J0's debt to equity ratio has reduced from 85.7% to 81.1% over the past 5 years.
Debt Coverage: 1J0's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1J0's interest payments on its debt are not well covered by EBIT (0.9x coverage).