Choo Chiang Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Choo Chiang Holdings has a total shareholder equity of SGD63.3M and total debt of SGD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SGD81.7M and SGD18.4M respectively. Choo Chiang Holdings's EBIT is SGD12.1M making its interest coverage ratio -21. It has cash and short-term investments of SGD32.0M.
Key information
0%
Debt to equity ratio
S$0
Debt
Interest coverage ratio | -21x |
Cash | S$32.00m |
Equity | S$63.31m |
Total liabilities | S$18.37m |
Total assets | S$81.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 42E's short term assets (SGD59.4M) exceed its short term liabilities (SGD15.5M).
Long Term Liabilities: 42E's short term assets (SGD59.4M) exceed its long term liabilities (SGD2.9M).
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 3.9%.
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.