Hour Glass Balance Sheet Health
Financial Health criteria checks 5/6
Hour Glass has a total shareholder equity of SGD892.3M and total debt of SGD71.3M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are SGD1.2B and SGD260.0M respectively. Hour Glass's EBIT is SGD179.6M making its interest coverage ratio 64.5. It has cash and short-term investments of SGD207.0M.
Key information
8.0%
Debt to equity ratio
S$71.27m
Debt
| Interest coverage ratio | 64.5x |
| Cash | S$207.03m |
| Equity | S$892.26m |
| Total liabilities | S$259.96m |
| Total assets | S$1.15b |
Recent financial health updates
We Think Hour Glass (SGX:AGS) Can Manage Its Debt With Ease
Feb 22
Does Hour Glass (SGX:AGS) Have A Healthy Balance Sheet?
Nov 17Here's Why Hour Glass (SGX:AGS) Can Manage Its Debt Responsibly
Jan 24Recent updates
Hour Glass (SGX:AGS) Is Paying Out A Dividend Of SGD0.02
Nov 14Hour Glass (SGX:AGS) Will Pay A Dividend Of SGD0.06
Aug 01Cautious Investors Not Rewarding The Hour Glass Limited's (SGX:AGS) Performance Completely
Jan 23Hour Glass (SGX:AGS) Knows How To Allocate Capital Effectively
Dec 04Investors Should Be Encouraged By Hour Glass' (SGX:AGS) Returns On Capital
Aug 25We Think Hour Glass (SGX:AGS) Can Manage Its Debt With Ease
Feb 22Hour Glass (SGX:AGS) Is Paying Out A Dividend Of SGD0.02
Nov 04Hour Glass' (SGX:AGS) Upcoming Dividend Will Be Larger Than Last Year's
Aug 01We Think Hour Glass (SGX:AGS) Might Have The DNA Of A Multi-Bagger
Jul 19I Ran A Stock Scan For Earnings Growth And Hour Glass (SGX:AGS) Passed With Ease
Dec 02Does Hour Glass (SGX:AGS) Have A Healthy Balance Sheet?
Nov 17Return Trends At Hour Glass (SGX:AGS) Aren't Appealing
Jul 30If You Like EPS Growth Then Check Out Hour Glass (SGX:AGS) Before It's Too Late
May 25Should You Or Shouldn't You: A Dividend Analysis on The Hour Glass Limited (SGX:AGS)
May 10Hour Glass (SGX:AGS) Could Be Struggling To Allocate Capital
Apr 14Hour Glass (SGX:AGS) Shareholders Booked A 48% Gain In The Last Three Years
Mar 06What Is The Ownership Structure Like For The Hour Glass Limited (SGX:AGS)?
Feb 19
Should You Buy The Hour Glass Limited (SGX:AGS) For Its Dividend?
Feb 06Here's Why Hour Glass (SGX:AGS) Can Manage Its Debt Responsibly
Jan 24We're Watching These Trends At Hour Glass (SGX:AGS)
Jan 11Are Robust Financials Driving The Recent Rally In The Hour Glass Limited's (SGX:AGS) Stock?
Dec 27Are Hour Glass's (SGX:AGS) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 12Introducing Hour Glass (SGX:AGS), A Stock That Climbed 15% In The Last Three Years
Nov 29Financial Position Analysis
Short Term Liabilities: AGS's short term assets (SGD585.5M) exceed its short term liabilities (SGD177.1M).
Long Term Liabilities: AGS's short term assets (SGD585.5M) exceed its long term liabilities (SGD82.9M).
Debt to Equity History and Analysis
Debt Level: AGS has more cash than its total debt.
Reducing Debt: AGS's debt to equity ratio has increased from 5.8% to 8% over the past 5 years.
Debt Coverage: AGS's debt is well covered by operating cash flow (192.5%).
Interest Coverage: AGS's interest payments on its debt are well covered by EBIT (64.5x coverage).