Ho Bee Land Balance Sheet Health
Financial Health criteria checks 1/6
Ho Bee Land has a total shareholder equity of SGD3.6B and total debt of SGD3.1B, which brings its debt-to-equity ratio to 85.4%. Its total assets and total liabilities are SGD7.0B and SGD3.4B respectively. Ho Bee Land's EBIT is SGD309.0M making its interest coverage ratio 2. It has cash and short-term investments of SGD180.1M.
Key information
85.4%
Debt to equity ratio
S$3.08b
Debt
| Interest coverage ratio | 2x |
| Cash | S$180.12m |
| Equity | S$3.61b |
| Total liabilities | S$3.37b |
| Total assets | S$6.98b |
Recent financial health updates
Ho Bee Land (SGX:H13) Has A Somewhat Strained Balance Sheet
May 15
Ho Bee Land (SGX:H13) Takes On Some Risk With Its Use Of Debt
Nov 17These 4 Measures Indicate That Ho Bee Land (SGX:H13) Is Using Debt Extensively
Mar 24Does Ho Bee Land (SGX:H13) Have A Healthy Balance Sheet?
Jun 16Ho Bee Land (SGX:H13) Has A Somewhat Strained Balance Sheet
Mar 01Recent updates
Ho Bee Land's (SGX:H13) Dividend Is Being Reduced To SGD0.03
Apr 25Ho Bee Land's (SGX:H13) Dividend Will Be Reduced To SGD0.03
Apr 08Ho Bee Land's (SGX:H13) Shareholders Will Receive A Smaller Dividend Than Last Year
Feb 29Ho Bee Land (SGX:H13) Has A Somewhat Strained Balance Sheet
May 15Ho Bee Land (SGX:H13) Takes On Some Risk With Its Use Of Debt
Nov 17These 4 Measures Indicate That Ho Bee Land (SGX:H13) Is Using Debt Extensively
Mar 24Does Ho Bee Land (SGX:H13) Have A Healthy Balance Sheet?
Jun 16Ho Bee Land Limited (SGX:H13) Is Yielding 3.9% - But Is It A Buy?
Mar 29Ho Bee Land (SGX:H13) Has A Somewhat Strained Balance Sheet
Mar 01Is There More To The Story Than Ho Bee Land's (SGX:H13) Earnings Growth?
Dec 15
Financial Position Analysis
Short Term Liabilities: H13's short term assets (SGD775.0M) exceed its short term liabilities (SGD694.5M).
Long Term Liabilities: H13's short term assets (SGD775.0M) do not cover its long term liabilities (SGD2.7B).
Debt to Equity History and Analysis
Debt Level: H13's net debt to equity ratio (80.4%) is considered high.
Reducing Debt: H13's debt to equity ratio has increased from 75% to 85.4% over the past 5 years.
Debt Coverage: H13's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: H13's interest payments on its debt are not well covered by EBIT (2x coverage).