City Developments Balance Sheet Health
Financial Health criteria checks 1/6
City Developments has a total shareholder equity of SGD9.3B and total debt of SGD12.1B, which brings its debt-to-equity ratio to 130.3%. Its total assets and total liabilities are SGD24.4B and SGD15.1B respectively. City Developments's EBIT is SGD524.8M making its interest coverage ratio 1.2. It has cash and short-term investments of SGD1.9B.
Key information
130.3%
Debt to equity ratio
S$12.11b
Debt
| Interest coverage ratio | 1.2x |
| Cash | S$1.94b |
| Equity | S$9.29b |
| Total liabilities | S$15.10b |
| Total assets | S$24.39b |
Recent financial health updates
City Developments (SGX:C09) Has A Somewhat Strained Balance Sheet
Oct 04
Is City Developments (SGX:C09) Using Too Much Debt?
Mar 22Is 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 15Recent updates
City Developments Limited's (SGX:C09) Business Is Yet to Catch Up With Its Share Price
Oct 25City Developments (SGX:C09) Has A Somewhat Strained Balance Sheet
Oct 04Revenues Working Against City Developments Limited's (SGX:C09) Share Price
Jul 26City Developments Limited (SGX:C09) Shares Could Be 20% Below Their Intrinsic Value Estimate
Jun 28What Is City Developments Limited's (SGX:C09) Share Price Doing?
May 21Shareholders 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 25Financial Position Analysis
Short Term Liabilities: C09's short term assets (SGD9.5B) exceed its short term liabilities (SGD4.7B).
Long Term Liabilities: C09's short term assets (SGD9.5B) do not cover its long term liabilities (SGD10.4B).
Debt to Equity History and Analysis
Debt Level: C09's net debt to equity ratio (109.4%) is considered high.
Reducing Debt: C09's debt to equity ratio has increased from 68.3% to 130.3% over the past 5 years.
Debt Coverage: C09's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: C09's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 12:04 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
City Developments Limited is covered by 32 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tricia Song | Barclays |
| Chin Hong Pang | BNP Paribas Securities (Asia) |
| Donald Chua | BofA Global Research |