MoneyMax Financial Services Balance Sheet Health
Financial Health criteria checks 2/6
MoneyMax Financial Services has a total shareholder equity of SGD172.2M and total debt of SGD558.6M, which brings its debt-to-equity ratio to 324.3%. Its total assets and total liabilities are SGD825.8M and SGD653.5M respectively. MoneyMax Financial Services's EBIT is SGD69.8M making its interest coverage ratio 2.5. It has cash and short-term investments of SGD16.8M.
Key information
324.3%
Debt to equity ratio
S$558.58m
Debt
| Interest coverage ratio | 2.5x |
| Cash | S$16.75m |
| Equity | S$172.25m |
| Total liabilities | S$653.51m |
| Total assets | S$825.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5WJ's short term assets (SGD616.5M) exceed its short term liabilities (SGD541.6M).
Long Term Liabilities: 5WJ's short term assets (SGD616.5M) exceed its long term liabilities (SGD111.9M).
Debt to Equity History and Analysis
Debt Level: 5WJ's net debt to equity ratio (314.6%) is considered high.
Reducing Debt: 5WJ's debt to equity ratio has increased from 225.4% to 324.3% over the past 5 years.
Debt Coverage: 5WJ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 5WJ's interest payments on its debt are not well covered by EBIT (2.5x coverage).