Jubilee Industries Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Jubilee Industries Holdings has a total shareholder equity of SGD17.3M and total debt of SGD137.0K, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are SGD20.6M and SGD3.2M respectively.
Key information
0.8%
Debt to equity ratio
S$137.00k
Debt
| Interest coverage ratio | n/a |
| Cash | S$5.00m |
| Equity | S$17.31m |
| Total liabilities | S$3.25m |
| Total assets | S$20.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NHD's short term assets (SGD19.6M) exceed its short term liabilities (SGD3.2M).
Long Term Liabilities: NHD has no long term liabilities.
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 38.9% to 0.8% 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: Whilst unprofitable NHD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NHD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2.8% per year.