Tye Soon Balance Sheet Health
Financial Health criteria checks 3/6
Tye Soon has a total shareholder equity of SGD61.7M and total debt of SGD73.1M, which brings its debt-to-equity ratio to 118.5%. Its total assets and total liabilities are SGD180.0M and SGD118.4M respectively. Tye Soon's EBIT is SGD10.8M making its interest coverage ratio 2.4. It has cash and short-term investments of SGD15.5M.
Key information
118.5%
Debt to equity ratio
S$73.11m
Debt
| Interest coverage ratio | 2.4x |
| Cash | S$15.51m |
| Equity | S$61.69m |
| Total liabilities | S$118.35m |
| Total assets | S$180.04m |
Recent financial health updates
Here's Why Tye Soon (SGX:BFU) Is Weighed Down By Its Debt Load
Mar 11
We Think Tye Soon (SGX:BFU) Is Taking Some Risk With Its Debt
Apr 01Tye Soon (SGX:BFU) Has A Somewhat Strained Balance Sheet
May 19Tye Soon (SGX:BFU) Takes On Some Risk With Its Use Of Debt
Dec 02We Think Tye Soon (SGX:BFU) Is Taking Some Risk With Its Debt
May 31These 4 Measures Indicate That Tye Soon (SGX:BFU) Is Using Debt Extensively
Feb 25Recent updates
Here's Why Tye Soon (SGX:BFU) Is Weighed Down By Its Debt Load
Mar 11Sentiment Still Eluding Tye Soon Limited (SGX:BFU)
Dec 21Here's Why We Think Tye Soon (SGX:BFU) Is Well Worth Watching
Nov 24Returns Are Gaining Momentum At Tye Soon (SGX:BFU)
Oct 31Does Tye Soon (SGX:BFU) Deserve A Spot On Your Watchlist?
Aug 07Tye Soon's (SGX:BFU) Returns On Capital Are Heading Higher
May 11Tye Soon (SGX:BFU) Is Due To Pay A Dividend Of SGD0.0085
Apr 10We Think Tye Soon (SGX:BFU) Is Taking Some Risk With Its Debt
Apr 01With EPS Growth And More, Tye Soon (SGX:BFU) Makes An Interesting Case
Feb 24The Return Trends At Tye Soon (SGX:BFU) Look Promising
Dec 06Tye Soon (SGX:BFU) Shareholders Will Want The ROCE Trajectory To Continue
Aug 11Do Tye Soon's (SGX:BFU) Earnings Warrant Your Attention?
Jun 15Tye Soon (SGX:BFU) Has A Somewhat Strained Balance Sheet
May 19Returns At Tye Soon (SGX:BFU) Are On The Way Up
Apr 13Returns On Capital Are Showing Encouraging Signs At Tye Soon (SGX:BFU)
Dec 29Tye Soon (SGX:BFU) Takes On Some Risk With Its Use Of Debt
Dec 02Tye Soon's (SGX:BFU) Performance Is Even Better Than Its Earnings Suggest
Aug 22If You Like EPS Growth Then Check Out Tye Soon (SGX:BFU) Before It's Too Late
Jul 26We Think Tye Soon (SGX:BFU) Is Taking Some Risk With Its Debt
May 31Do Tye Soon's (SGX:BFU) Earnings Warrant Your Attention?
Apr 19Returns At Tye Soon (SGX:BFU) Appear To Be Weighed Down
Mar 24These 4 Measures Indicate That Tye Soon (SGX:BFU) Is Using Debt Extensively
Feb 25The Trends At Tye Soon (SGX:BFU) That You Should Know About
Dec 01Financial Position Analysis
Short Term Liabilities: BFU's short term assets (SGD168.0M) exceed its short term liabilities (SGD113.2M).
Long Term Liabilities: BFU's short term assets (SGD168.0M) exceed its long term liabilities (SGD5.2M).
Debt to Equity History and Analysis
Debt Level: BFU's net debt to equity ratio (93.4%) is considered high.
Reducing Debt: BFU's debt to equity ratio has reduced from 148.8% to 118.5% over the past 5 years.
Debt Coverage: BFU's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BFU's interest payments on its debt are not well covered by EBIT (2.4x coverage).