Hong Lai Huat Group Balance Sheet Health
Financial Health criteria checks 3/6
Hong Lai Huat Group has a total shareholder equity of SGD110.4M and total debt of SGD10.9M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are SGD132.5M and SGD22.1M respectively.
Key information
9.9%
Debt to equity ratio
S$10.89m
Debt
| Interest coverage ratio | n/a |
| Cash | S$3.98m |
| Equity | S$110.45m |
| Total liabilities | S$22.06m |
| Total assets | S$132.51m |
Financial Position Analysis
Short Term Liabilities: CTO's short term assets (SGD51.6M) exceed its short term liabilities (SGD11.0M).
Long Term Liabilities: CTO's short term assets (SGD51.6M) exceed its long term liabilities (SGD11.1M).
Debt to Equity History and Analysis
Debt Level: CTO's net debt to equity ratio (6.3%) is considered satisfactory.
Reducing Debt: CTO's debt to equity ratio has increased from 1.5% to 9.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CTO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CTO has less than a year of cash runway if free cash flow continues to grow at historical rates of 11.5% each year.