Sunright Balance Sheet Health
Financial Health criteria checks 4/6
Sunright has a total shareholder equity of SGD119.8M and total debt of SGD27.4M, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are SGD162.4M and SGD42.6M respectively.
Key information
22.8%
Debt to equity ratio
S$27.36m
Debt
| Interest coverage ratio | n/a |
| Cash | S$86.60m |
| Equity | S$119.78m |
| Total liabilities | S$42.62m |
| Total assets | S$162.40m |
Recent financial health updates
Sunright (SGX:S71) Has Debt But No Earnings; Should You Worry?
Apr 04
Is Sunright (SGX:S71) Using Too Much Debt?
Oct 02Health Check: How Prudently Does Sunright (SGX:S71) Use Debt?
May 27Is Sunright (SGX:S71) Using Debt In A Risky Way?
Jan 26Is Sunright (SGX:S71) Weighed On By Its Debt Load?
Mar 13Recent updates
Sunright (SGX:S71) Has Debt But No Earnings; Should You Worry?
Apr 04Revenues Not Telling The Story For Sunright Limited (SGX:S71)
Dec 29Is Sunright (SGX:S71) Using Too Much Debt?
Oct 02A Look At The Fair Value Of Sunright Limited (SGX:S71)
Jul 21Health Check: How Prudently Does Sunright (SGX:S71) Use Debt?
May 27Estimating The Intrinsic Value Of Sunright Limited (SGX:S71)
Mar 24Is Sunright (SGX:S71) Using Debt In A Risky Way?
Jan 26Calculating The Fair Value Of Sunright Limited (SGX:S71)
Sep 08Calculating The Fair Value Of Sunright Limited (SGX:S71)
May 12Is Sunright (SGX:S71) Weighed On By Its Debt Load?
Mar 13Here's Why Sunright's (SGX:S71) Statutory Earnings Are Arguably Too Conservative
Dec 30Financial Position Analysis
Short Term Liabilities: S71's short term assets (SGD106.8M) exceed its short term liabilities (SGD23.7M).
Long Term Liabilities: S71's short term assets (SGD106.8M) exceed its long term liabilities (SGD18.9M).
Debt to Equity History and Analysis
Debt Level: S71 has more cash than its total debt.
Reducing Debt: S71's debt to equity ratio has increased from 21.2% to 22.8% over the past 5 years.
Debt Coverage: S71's debt is well covered by operating cash flow (41.3%).
Interest Coverage: Insufficient data to determine if S71's interest payments on its debt are well covered by EBIT.