SMI Vantage Balance Sheet Health
Financial Health criteria checks 1/6
SMI Vantage has a total shareholder equity of $8.5M and total debt of $10.1M, which brings its debt-to-equity ratio to 118.9%. Its total assets and total liabilities are $24.3M and $15.8M respectively.
Key information
118.9%
Debt to equity ratio
US$10.14m
Debt
| Interest coverage ratio | n/a |
| Cash | US$182.00k |
| Equity | US$8.53m |
| Total liabilities | US$15.81m |
| Total assets | US$24.33m |
Recent financial health updates
Is SMI Vantage (SGX:Y45) Using Too Much Debt?
Dec 08
We Think SMI Vantage (SGX:Y45) Has A Fair Chunk Of Debt
Jun 21We Think SMI Vantage (SGX:Y45) Has A Fair Chunk Of Debt
May 05We Think SMI Vantage (SGX:Y45) Has A Fair Chunk Of Debt
Dec 05Does Singapore Myanmar Investco (SGX:Y45) Have A Healthy Balance Sheet?
Mar 03Recent updates
Is SMI Vantage (SGX:Y45) Using Too Much Debt?
Dec 08We Think SMI Vantage (SGX:Y45) Has A Fair Chunk Of Debt
Jun 21We Think SMI Vantage (SGX:Y45) Has A Fair Chunk Of Debt
May 05We Think SMI Vantage (SGX:Y45) Has A Fair Chunk Of Debt
Dec 05Does Singapore Myanmar Investco (SGX:Y45) Have A Healthy Balance Sheet?
Mar 03Financial Position Analysis
Short Term Liabilities: Y45's short term assets ($5.8M) exceed its short term liabilities ($5.3M).
Long Term Liabilities: Y45's short term assets ($5.8M) do not cover its long term liabilities ($10.5M).
Debt to Equity History and Analysis
Debt Level: Y45's net debt to equity ratio (116.7%) is considered high.
Reducing Debt: Y45's debt to equity ratio has increased from 60.1% to 118.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Y45 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Y45 has less than a year of cash runway if free cash flow continues to grow at historical rates of 45.1% each year.