Goodland Group Balance Sheet Health
Financial Health criteria checks 2/6
Goodland Group has a total shareholder equity of SGD234.9M and total debt of SGD119.2M, which brings its debt-to-equity ratio to 50.8%. Its total assets and total liabilities are SGD372.4M and SGD137.6M respectively. Goodland Group's EBIT is SGD1.7M making its interest coverage ratio 0.4. It has cash and short-term investments of SGD12.1M.
Key information
50.8%
Debt to equity ratio
S$119.24m
Debt
| Interest coverage ratio | 0.4x |
| Cash | S$12.06m |
| Equity | S$234.86m |
| Total liabilities | S$137.56m |
| Total assets | S$372.42m |
Recent financial health updates
Goodland Group (SGX:5PC) Use Of Debt Could Be Considered Risky
May 24
Is Goodland Group (SGX:5PC) A Risky Investment?
Sep 13Goodland Group (SGX:5PC) Takes On Some Risk With Its Use Of Debt
Jan 17Recent updates
Goodland Group's (SGX:5PC) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Jan 19Goodland Group (SGX:5PC) Use Of Debt Could Be Considered Risky
May 24Is Goodland Group (SGX:5PC) A Risky Investment?
Sep 13Goodland Group (SGX:5PC) Takes On Some Risk With Its Use Of Debt
Jan 17A Look At The Fair Value Of Goodland Group Limited (SGX:5PC)
Mar 19Goodland Group's (SGX:5PC) Shareholders Are Down 34% On Their Shares
Feb 12
Have Insiders Been Buying Goodland Group Limited (SGX:5PC) Shares?
Jan 13Estimating The Fair Value Of Goodland Group Limited (SGX:5PC)
Nov 28Financial Position Analysis
Short Term Liabilities: 5PC's short term assets (SGD254.3M) exceed its short term liabilities (SGD113.9M).
Long Term Liabilities: 5PC's short term assets (SGD254.3M) exceed its long term liabilities (SGD23.7M).
Debt to Equity History and Analysis
Debt Level: 5PC's net debt to equity ratio (45.6%) is considered high.
Reducing Debt: 5PC's debt to equity ratio has increased from 27.5% to 50.8% over the past 5 years.
Debt Coverage: 5PC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 5PC's interest payments on its debt are not well covered by EBIT (0.4x coverage).