Sing Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Sing Holdings has a total shareholder equity of SGD324.4M and total debt of SGD294.1M, which brings its debt-to-equity ratio to 90.7%. Its total assets and total liabilities are SGD770.2M and SGD445.9M respectively. Sing Holdings's EBIT is SGD7.2M making its interest coverage ratio -1.8. It has cash and short-term investments of SGD83.3M.
Key information
90.7%
Debt to equity ratio
S$294.13m
Debt
| Interest coverage ratio | -1.8x |
| Cash | S$83.26m |
| Equity | S$324.35m |
| Total liabilities | S$445.85m |
| Total assets | S$770.20m |
Recent financial health updates
Sing Holdings (SGX:5IC) Seems To Use Debt Quite Sensibly
May 30
Sing Holdings (SGX:5IC) Seems To Use Debt Quite Sensibly
Feb 28Recent updates
Sing Holdings (SGX:5IC) Seems To Use Debt Quite Sensibly
May 30Sing Holdings (SGX:5IC) Seems To Use Debt Quite Sensibly
Feb 28Who Has Been Buying Sing Holdings Limited (SGX:5IC) Shares?
Feb 01
Sing Holdings's (SGX:5IC) Earnings Are Growing But Is There More To The Story?
Dec 28Here's What Sing Holdings Limited's (SGX:5IC) Shareholder Ownership Structure Looks Like
Dec 10Shareholders Of Sing Holdings (SGX:5IC) Must Be Happy With Their 44% Return
Nov 21Financial Position Analysis
Short Term Liabilities: 5IC's short term assets (SGD681.5M) exceed its short term liabilities (SGD145.1M).
Long Term Liabilities: 5IC's short term assets (SGD681.5M) exceed its long term liabilities (SGD300.7M).
Debt to Equity History and Analysis
Debt Level: 5IC's net debt to equity ratio (65%) is considered high.
Reducing Debt: 5IC's debt to equity ratio has increased from 87.5% to 90.7% over the past 5 years.
Debt Coverage: 5IC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 5IC earns more interest than it pays, so coverage of interest payments is not a concern.