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 |
| Cash | S$29.64m |
| Equity | S$65.05m |
| Total liabilities | S$18.53m |
| Total assets | S$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.