SMI Vantage Balance Sheet Health
Financial Health criteria checks 1/6
SMI Vantage has a total shareholder equity of $7.6M and total debt of $11.7M, which brings its debt-to-equity ratio to 153.3%. Its total assets and total liabilities are $26.4M and $18.7M respectively.
Key information
153.3%
Debt to equity ratio
US$11.70m
Debt
| Interest coverage ratio | n/a |
| Cash | US$184.00k |
| Equity | US$7.64m |
| Total liabilities | US$18.72m |
| Total assets | US$26.35m |
Recent financial health updates
SMI Vantage (SGX:Y45) Has Debt But No Earnings; Should You Worry?
Jul 17
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 03Recent updates
SMI Vantage (SGX:Y45) Has Debt But No Earnings; Should You Worry?
Jul 17Is 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 ($5.6M) exceed its short term liabilities ($4.7M).
Long Term Liabilities: Y45's short term assets ($5.6M) do not cover its long term liabilities ($14.0M).
Debt to Equity History and Analysis
Debt Level: Y45's net debt to equity ratio (150.9%) is considered high.
Reducing Debt: Y45's debt to equity ratio has increased from 50.8% to 153.3% 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 29.1% each year.