Choo Chiang Holdings Ltd.

Catalist:42E Stock Report

Market Cap: S$75.8m

Choo Chiang Holdings Balance Sheet Health

Financial Health criteria checks 6/6

Choo Chiang Holdings has a total shareholder equity of SGD65.1M and total debt of SGD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SGD83.6M and SGD18.5M respectively. Choo Chiang Holdings's EBIT is SGD11.5M making its interest coverage ratio -16.1. It has cash and short-term investments of SGD29.6M.

Key information

0%

Debt to equity ratio

S$0

Debt

Interest coverage ratio-16.1x
CashS$29.64m
EquityS$65.05m
Total liabilitiesS$18.53m
Total assetsS$83.58m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 42E's short term assets (SGD60.1M) exceed its short term liabilities (SGD15.8M).

Long Term Liabilities: 42E's short term assets (SGD60.1M) exceed its long term liabilities (SGD2.8M).


Debt to Equity History and Analysis

Debt Level: 42E is debt free.

Reducing Debt: 42E has no debt compared to 5 years ago when its debt to equity ratio was 3.5%.

Debt Coverage: 42E has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 42E has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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