Stamford Tyres Corporation Limited

SGX:S29 Stock Report

Market Cap: S$51.0m

Stamford Tyres Balance Sheet Health

Financial Health criteria checks 3/6

Stamford Tyres has a total shareholder equity of SGD111.1M and total debt of SGD84.7M, which brings its debt-to-equity ratio to 76.2%. Its total assets and total liabilities are SGD239.3M and SGD128.2M respectively. Stamford Tyres's EBIT is SGD7.4M making its interest coverage ratio 1.8. It has cash and short-term investments of SGD38.1M.

Key information

76.2%

Debt to equity ratio

S$84.66m

Debt

Interest coverage ratio1.8x
CashS$38.14m
EquityS$111.12m
Total liabilitiesS$128.20m
Total assetsS$239.32m

Recent financial health updates

Does Stamford Tyres (SGX:S29) Have A Healthy Balance Sheet?

Jan 11
Does Stamford Tyres (SGX:S29) Have A Healthy Balance Sheet?

Is Stamford Tyres (SGX:S29) Using Too Much Debt?

Jan 25
Is Stamford Tyres (SGX:S29) Using Too Much Debt?

Recent updates

Stamford Tyres' (SGX:S29) Profits Appear To Have Quality Issues

Dec 20
Stamford Tyres' (SGX:S29) Profits Appear To Have Quality Issues

Stamford Tyres (SGX:S29) Is Paying Out A Dividend Of SGD0.02

Sep 02
Stamford Tyres (SGX:S29) Is Paying Out A Dividend Of SGD0.02

Returns At Stamford Tyres (SGX:S29) Are On The Way Up

May 31
Returns At Stamford Tyres (SGX:S29) Are On The Way Up

Unpleasant Surprises Could Be In Store For Stamford Tyres Corporation Limited's (SGX:S29) Shares

Jan 26
Unpleasant Surprises Could Be In Store For Stamford Tyres Corporation Limited's (SGX:S29) Shares

There May Be Reason For Hope In Stamford Tyres' (SGX:S29) Disappointing Earnings

Dec 21
There May Be Reason For Hope In Stamford Tyres' (SGX:S29) Disappointing Earnings

Stamford Tyres (SGX:S29) Is Paying Out A Dividend Of SGD0.015

Sep 11
Stamford Tyres (SGX:S29) Is Paying Out A Dividend Of SGD0.015

Stamford Tyres (SGX:S29) Has Affirmed Its Dividend Of SGD0.015

Aug 28
Stamford Tyres (SGX:S29) Has Affirmed Its Dividend Of SGD0.015

Stamford Tyres' (SGX:S29) Dividend Will Be SGD0.015

Aug 10
Stamford Tyres' (SGX:S29) Dividend Will Be SGD0.015

Here's Why We Think Stamford Tyres (SGX:S29) Might Deserve Your Attention Today

Jul 29
Here's Why We Think Stamford Tyres (SGX:S29) Might Deserve Your Attention Today

Stamford Tyres (SGX:S29) Will Be Looking To Turn Around Its Returns

Jun 28
Stamford Tyres (SGX:S29) Will Be Looking To Turn Around Its Returns

Calculating The Intrinsic Value Of Stamford Tyres Corporation Limited (SGX:S29)

Mar 23
Calculating The Intrinsic Value Of Stamford Tyres Corporation Limited (SGX:S29)

Does Stamford Tyres (SGX:S29) Have A Healthy Balance Sheet?

Jan 11
Does Stamford Tyres (SGX:S29) Have A Healthy Balance Sheet?

We Think Stamford Tyres' (SGX:S29) Solid Earnings Are Understated

Aug 05
We Think Stamford Tyres' (SGX:S29) Solid Earnings Are Understated

Is Stamford Tyres (SGX:S29) Headed For Trouble?

Mar 18
Is Stamford Tyres (SGX:S29) Headed For Trouble?

Is Stamford Tyres (SGX:S29) Using Too Much Debt?

Jan 25
Is Stamford Tyres (SGX:S29) Using Too Much Debt?

Here's What's Concerning About Stamford Tyres (SGX:S29)

Dec 02
Here's What's Concerning About Stamford Tyres (SGX:S29)

Financial Position Analysis

Short Term Liabilities: S29's short term assets (SGD168.2M) exceed its short term liabilities (SGD104.6M).

Long Term Liabilities: S29's short term assets (SGD168.2M) exceed its long term liabilities (SGD23.6M).

Debt to Equity History and Analysis

Debt Level: S29's net debt to equity ratio (41.9%) is considered high.

Reducing Debt: S29's debt to equity ratio has reduced from 79.9% to 76.2% over the past 5 years.

Debt Coverage: S29's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: S29's interest payments on its debt are not well covered by EBIT (1.8x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 06:42
End of Day Share Price 2024/12/19 00:00
Earnings2024/10/31
Annual Earnings2024/04/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Stamford Tyres Corporation Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution