Cortina Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Cortina Holdings has a total shareholder equity of SGD378.6M and total debt of SGD18.0M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are SGD639.7M and SGD261.0M respectively. Cortina Holdings's EBIT is SGD104.7M making its interest coverage ratio 31.3. It has cash and short-term investments of SGD103.1M.
Key information
4.8%
Debt to equity ratio
S$18.00m
Debt
Interest coverage ratio | 31.3x |
Cash | S$103.11m |
Equity | S$378.62m |
Total liabilities | S$261.05m |
Total assets | S$639.67m |
Recent financial health updates
Is Cortina Holdings (SGX:C41) Using Too Much Debt?
Nov 16We Think Cortina Holdings (SGX:C41) Can Stay On Top Of Its Debt
Dec 29Recent updates
Is Cortina Holdings (SGX:C41) Using Too Much Debt?
Nov 16Did You Participate In Any Of Cortina Holdings' (SGX:C41) Fantastic 269% Return ?
Mar 15Will Weakness in Cortina Holdings Limited's (SGX:C41) Stock Prove Temporary Given Strong Fundamentals?
Feb 22What Kind Of Investors Own Most Of Cortina Holdings Limited (SGX:C41)?
Feb 04Here's Why We Think Cortina Holdings's (SGX:C41) Statutory Earnings Might Be Conservative
Jan 18We Think Cortina Holdings (SGX:C41) Can Stay On Top Of Its Debt
Dec 29Shareholders Of Cortina Holdings (SGX:C41) Must Be Happy With Their 243% Total Return
Dec 11Are Strong Financial Prospects The Force That Is Driving The Momentum In Cortina Holdings Limited's SGX:C41) Stock?
Nov 23Financial Position Analysis
Short Term Liabilities: C41's short term assets (SGD399.8M) exceed its short term liabilities (SGD171.9M).
Long Term Liabilities: C41's short term assets (SGD399.8M) exceed its long term liabilities (SGD89.2M).
Debt to Equity History and Analysis
Debt Level: C41 has more cash than its total debt.
Reducing Debt: C41's debt to equity ratio has reduced from 16.6% to 4.8% over the past 5 years.
Debt Coverage: C41's debt is well covered by operating cash flow (361.1%).
Interest Coverage: C41's interest payments on its debt are well covered by EBIT (31.3x coverage).