Jubilee Industries Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Jubilee Industries Holdings has a total shareholder equity of SGD22.4M and total debt of SGD482.0K, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are SGD29.9M and SGD7.4M respectively.
Key information
2.1%
Debt to equity ratio
S$482.00k
Debt
Interest coverage ratio | n/a |
Cash | S$13.54m |
Equity | S$22.43m |
Total liabilities | S$7.45m |
Total assets | S$29.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NHD's short term assets (SGD28.0M) exceed its short term liabilities (SGD7.4M).
Long Term Liabilities: NHD's short term assets (SGD28.0M) exceed its long term liabilities (SGD85.0K).
Debt to Equity History and Analysis
Debt Level: NHD has more cash than its total debt.
Reducing Debt: NHD's debt to equity ratio has reduced from 22.2% to 2.1% over the past 5 years.
Debt Coverage: NHD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NHD's interest payments on its debt are well covered by EBIT.