iWOW Technology Balance Sheet Health
Financial Health criteria checks 6/6
iWOW Technology has a total shareholder equity of SGD21.0M and total debt of SGD242.0K, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are SGD32.2M and SGD11.1M respectively. iWOW Technology's EBIT is SGD2.8M making its interest coverage ratio -30.3. It has cash and short-term investments of SGD7.1M.
Key information
1.2%
Debt to equity ratio
S$242.00k
Debt
| Interest coverage ratio | -30.3x |
| Cash | S$7.11m |
| Equity | S$21.02m |
| Total liabilities | S$11.13m |
| Total assets | S$32.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NXR's short term assets (SGD24.6M) exceed its short term liabilities (SGD8.4M).
Long Term Liabilities: NXR's short term assets (SGD24.6M) exceed its long term liabilities (SGD2.7M).
Debt to Equity History and Analysis
Debt Level: NXR has more cash than its total debt.
Reducing Debt: NXR's debt to equity ratio has reduced from 311.3% to 1.2% over the past 5 years.
Debt Coverage: NXR's debt is well covered by operating cash flow (1300%).
Interest Coverage: NXR earns more interest than it pays, so coverage of interest payments is not a concern.