Hiap Hoe Balance Sheet Health
Financial Health criteria checks 1/6
Hiap Hoe has a total shareholder equity of SGD722.9M and total debt of SGD730.2M, which brings its debt-to-equity ratio to 101%. Its total assets and total liabilities are SGD1.6B and SGD866.4M respectively.
Key information
101.0%
Debt to equity ratio
S$730.19m
Debt
Interest coverage ratio | n/a |
Cash | S$180.58m |
Equity | S$722.87m |
Total liabilities | S$866.38m |
Total assets | S$1.59b |
Financial Position Analysis
Short Term Liabilities: 5JK's short term assets (SGD459.8M) exceed its short term liabilities (SGD307.3M).
Long Term Liabilities: 5JK's short term assets (SGD459.8M) do not cover its long term liabilities (SGD559.1M).
Debt to Equity History and Analysis
Debt Level: 5JK's net debt to equity ratio (76%) is considered high.
Reducing Debt: 5JK's debt to equity ratio has increased from 89.9% to 101% over the past 5 years.
Debt Coverage: 5JK's debt is not well covered by operating cash flow (4.1%).
Interest Coverage: Insufficient data to determine if 5JK's interest payments on its debt are well covered by EBIT.