IPS Securex Holdings Balance Sheet Health
Financial Health criteria checks 3/6
IPS Securex Holdings has a total shareholder equity of SGD7.1M and total debt of SGD2.3M, which brings its debt-to-equity ratio to 32.4%. Its total assets and total liabilities are SGD12.1M and SGD5.0M respectively.
Key information
32.4%
Debt to equity ratio
S$2.30m
Debt
| Interest coverage ratio | n/a |
| Cash | S$4.23m |
| Equity | S$7.11m |
| Total liabilities | S$5.01m |
| Total assets | S$12.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 42N's short term assets (SGD11.7M) exceed its short term liabilities (SGD4.2M).
Long Term Liabilities: 42N's short term assets (SGD11.7M) exceed its long term liabilities (SGD776.8K).
Debt to Equity History and Analysis
Debt Level: 42N has more cash than its total debt.
Reducing Debt: 42N's debt to equity ratio has increased from 1.8% to 32.4% over the past 5 years.
Debt Coverage: 42N's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 42N's interest payments on its debt are well covered by EBIT.