Tuan Sing Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Tuan Sing Holdings has a total shareholder equity of SGD1.2B and total debt of SGD1.2B, which brings its debt-to-equity ratio to 102.4%. Its total assets and total liabilities are SGD2.6B and SGD1.4B respectively. Tuan Sing Holdings's EBIT is SGD22.2M making its interest coverage ratio 0.4. It has cash and short-term investments of SGD179.6M.
Key information
102.4%
Debt to equity ratio
S$1.25b
Debt
| Interest coverage ratio | 0.4x |
| Cash | S$179.62m |
| Equity | S$1.22b |
| Total liabilities | S$1.39b |
| Total assets | S$2.61b |
Recent financial health updates
Is Tuan Sing Holdings (SGX:T24) Using Too Much Debt?
May 12
Is Tuan Sing Holdings (SGX:T24) Using Too Much Debt?
Dec 04Recent updates
Tuan Sing Holdings' (SGX:T24) Profits Appear To Have Quality Issues
Apr 10Is Tuan Sing Holdings (SGX:T24) Using Too Much Debt?
May 12At S$0.33, Is Tuan Sing Holdings Limited (SGX:T24) Worth Looking At Closely?
Mar 10Here's Why We Don't Think Tuan Sing Holdings' (SGX:T24) Statutory Earnings Reflect Its Underlying Earnings Potential
Feb 18How Much Did Tuan Sing Holdings'(SGX:T24) Shareholders Earn From Share Price Movements Over The Last Three Years?
Jan 21
What Percentage Of Tuan Sing Holdings Limited (SGX:T24) Shares Do Insiders Own?
Dec 25Is Tuan Sing Holdings (SGX:T24) Using Too Much Debt?
Dec 04A Look At Tuan Sing Holdings' (SGX:T24) CEO Remuneration
Nov 19Financial Position Analysis
Short Term Liabilities: T24's short term assets (SGD383.0M) do not cover its short term liabilities (SGD480.5M).
Long Term Liabilities: T24's short term assets (SGD383.0M) do not cover its long term liabilities (SGD910.4M).
Debt to Equity History and Analysis
Debt Level: T24's net debt to equity ratio (87.6%) is considered high.
Reducing Debt: T24's debt to equity ratio has reduced from 150.5% to 102.4% over the past 5 years.
Debt Coverage: T24's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: T24's interest payments on its debt are not well covered by EBIT (0.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 22:33 |
| End of Day Share Price | 2025/02/14 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Tuan Sing Holdings Limited is covered by 2 analysts. 0 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 |
|---|---|
| null null | DBS Bank Ltd |
| Anni Kum Nee | Maybank Research Pte. Ltd. |