GSH Balance Sheet Health
Financial Health criteria checks 2/6
GSH has a total shareholder equity of SGD477.6M and total debt of SGD512.4M, which brings its debt-to-equity ratio to 107.3%. Its total assets and total liabilities are SGD1.2B and SGD741.8M respectively. GSH's EBIT is SGD22.3M making its interest coverage ratio 0.9. It has cash and short-term investments of SGD54.7M.
Key information
107.3%
Debt to equity ratio
S$512.36m
Debt
Interest coverage ratio | 0.9x |
Cash | S$54.71m |
Equity | S$477.64m |
Total liabilities | S$741.85m |
Total assets | S$1.22b |
Recent financial health updates
Does GSH (SGX:BDX) Have A Healthy Balance Sheet?
Apr 03Does GSH (SGX:BDX) Have A Healthy Balance Sheet?
Dec 28Recent updates
Does GSH (SGX:BDX) Have A Healthy Balance Sheet?
Apr 03GSH's (SGX:BDX) Stock Price Has Reduced 60% In The Past Three Years
Feb 27Should You Use GSH's (SGX:BDX) Statutory Earnings To Analyse It?
Jan 23Does GSH (SGX:BDX) Have A Healthy Balance Sheet?
Dec 28GSH Corporation Limited's (SGX:BDX) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Coorect Its Share Price?
Nov 30Financial Position Analysis
Short Term Liabilities: BDX's short term assets (SGD648.5M) exceed its short term liabilities (SGD461.7M).
Long Term Liabilities: BDX's short term assets (SGD648.5M) exceed its long term liabilities (SGD280.1M).
Debt to Equity History and Analysis
Debt Level: BDX's net debt to equity ratio (95.8%) is considered high.
Reducing Debt: BDX's debt to equity ratio has increased from 99.1% to 107.3% over the past 5 years.
Debt Coverage: BDX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BDX's interest payments on its debt are not well covered by EBIT (0.9x coverage).