IPC Balance Sheet Health
Financial Health criteria checks 3/6
IPC has a total shareholder equity of SGD42.3M and total debt of SGD3.7M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are SGD50.1M and SGD7.8M respectively.
Key information
8.7%
Debt to equity ratio
S$3.69m
Debt
| Interest coverage ratio | n/a |
| Cash | S$828.00k |
| Equity | S$42.27m |
| Total liabilities | S$7.85m |
| Total assets | S$50.12m |
Recent financial health updates
IPC (SGX:AZA) Has Debt But No Earnings; Should You Worry?
Jul 30
Is IPC (SGX:AZA) Using Debt Sensibly?
Mar 05Here's Why IPC (SGX:AZA) Can Afford Some Debt
Sep 12Is IPC (SGX:AZA) Using Too Much Debt?
May 21Here's Why IPC (SGX:AZA) Can Afford Some Debt
Aug 04Would IPC (SGX:AZA) Be Better Off With Less Debt?
Apr 29Recent updates
IPC (SGX:AZA) Has Debt But No Earnings; Should You Worry?
Jul 30Is IPC (SGX:AZA) Using Debt Sensibly?
Mar 05Here's Why IPC (SGX:AZA) Can Afford Some Debt
Sep 12Is IPC (SGX:AZA) Using Too Much Debt?
May 21Here's Why IPC (SGX:AZA) Can Afford Some Debt
Aug 04Would IPC (SGX:AZA) Be Better Off With Less Debt?
Apr 29Trade Alert: Tiow Hee Tan At IPC Corporation Ltd (SGX:AZA), Has Just Spent S$517k Buying 100% More Shares
Feb 26Here's Why IPC (SGX:AZA) Can Afford Some Debt
Nov 22Financial Position Analysis
Short Term Liabilities: AZA's short term assets (SGD45.1M) exceed its short term liabilities (SGD7.8M).
Long Term Liabilities: AZA's short term assets (SGD45.1M) exceed its long term liabilities (SGD2.0K).
Debt to Equity History and Analysis
Debt Level: AZA's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: AZA's debt to equity ratio has increased from 7.6% to 8.7% over the past 5 years.
Debt Coverage: AZA's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: Insufficient data to determine if AZA's interest payments on its debt are well covered by EBIT.