City Developments Balance Sheet Health
Financial Health criteria checks 2/6
City Developments has a total shareholder equity of SGD9.5B and total debt of SGD11.6B, which brings its debt-to-equity ratio to 122%. Its total assets and total liabilities are SGD24.2B and SGD14.7B respectively. City Developments's EBIT is SGD664.4M making its interest coverage ratio 1.8. It has cash and short-term investments of SGD2.4B.
Key information
122.0%
Debt to equity ratio
S$11.64b
Debt
| Interest coverage ratio | 1.8x |
| Cash | S$2.42b |
| Equity | S$9.54b |
| Total liabilities | S$14.69b |
| Total assets | S$24.23b |
Recent financial health updates
Is City Developments (SGX:C09) Using Too Much Debt?
Mar 22
Is City Developments (SGX:C09) A Risky Investment?
Nov 01These 4 Measures Indicate That City Developments (SGX:C09) Is Using Debt Extensively
May 19These 4 Measures Indicate That City Developments (SGX:C09) Is Using Debt Extensively
Dec 23City Developments (SGX:C09) Takes On Some Risk With Its Use Of Debt
Aug 15Is City Developments (SGX:C09) Using Debt Sensibly?
Dec 28Recent updates
Shareholders May Not Be So Generous With City Developments Limited's (SGX:C09) CEO Compensation And Here's Why
Apr 17City Developments' (SGX:C09) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 01Is City Developments (SGX:C09) Using Too Much Debt?
Mar 22City Developments Limited Just Missed Earnings - But Analysts Have Updated Their Models
Mar 01City Developments Limited's (SGX:C09) Intrinsic Value Is Potentially 77% Above Its Share Price
Dec 08Is There Now An Opportunity In City Developments Limited (SGX:C09)?
Nov 20Is City Developments (SGX:C09) A Risky Investment?
Nov 01City Developments Limited's (SGX:C09) Intrinsic Value Is Potentially 46% Above Its Share Price
Sep 04At S$7.12, Is It Time To Put City Developments Limited (SGX:C09) On Your Watch List?
Aug 09These 4 Measures Indicate That City Developments (SGX:C09) Is Using Debt Extensively
May 19Is There Now An Opportunity In City Developments Limited (SGX:C09)?
Apr 20These 4 Measures Indicate That City Developments (SGX:C09) Is Using Debt Extensively
Dec 23What Does City Developments Limited's (SGX:C09) Share Price Indicate?
Nov 01City Developments (SGX:C09) Takes On Some Risk With Its Use Of Debt
Aug 15What Is City Developments Limited's (SGX:C09) Share Price Doing?
Feb 09Is City Developments (SGX:C09) Using Debt Sensibly?
Dec 28Is City Developments (SGX:C09) Using Too Much Debt?
Sep 20Is There An Opportunity With City Developments Limited's (SGX:C09) 35% Undervaluation?
Aug 03Why City Developments Limited (SGX:C09) Could Be Worth Watching
Jul 06A Look At The Fair Value Of City Developments Limited (SGX:C09)
Apr 30Is City Developments (SGX:C09) Using Too Much Debt?
Mar 25City Developments'(SGX:C09) Share Price Is Down 44% Over The Past Three Years.
Feb 21Something To Consider Before Buying City Developments Limited (SGX:C09) For The 2.7% Dividend
Jan 24What Type Of Shareholders Own The Most Number of City Developments Limited (SGX:C09) Shares?
Jan 06Are City Developments's (SGX:C09) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 19
Is City Developments Limited (SGX:C09) Potentially Undervalued?
Dec 06Financial Position Analysis
Short Term Liabilities: C09's short term assets (SGD10.1B) exceed its short term liabilities (SGD5.7B).
Long Term Liabilities: C09's short term assets (SGD10.1B) exceed its long term liabilities (SGD9.0B).
Debt to Equity History and Analysis
Debt Level: C09's net debt to equity ratio (96.7%) is considered high.
Reducing Debt: C09's debt to equity ratio has increased from 53.4% to 122% over the past 5 years.
Debt Coverage: C09's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: C09's interest payments on its debt are not well covered by EBIT (1.8x coverage).