Ban Leong Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Ban Leong Technologies has a total shareholder equity of SGD44.2M and total debt of SGD2.8M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are SGD79.8M and SGD35.7M respectively. Ban Leong Technologies's EBIT is SGD6.3M making its interest coverage ratio 52.5. It has cash and short-term investments of SGD18.9M.
Key information
6.3%
Debt to equity ratio
S$2.79m
Debt
| Interest coverage ratio | 52.5x |
| Cash | S$18.91m |
| Equity | S$44.15m |
| Total liabilities | S$35.69m |
| Total assets | S$79.84m |
Recent financial health updates
Recent updates
Ban Leong Technologies (SGX:B26) Will Pay A Smaller Dividend Than Last Year
Nov 27
Ban Leong Technologies' (SGX:B26) Dividend Will Be Reduced To SGD0.006
Nov 13Does Ban Leong Technologies (SGX:B26) Have A Healthy Balance Sheet?
Feb 09Ban Leong Technologies (SGX:B26) Has Some Way To Go To Become A Multi-Bagger
Aug 04Ban Leong Technologies' (SGX:B26) Promising Earnings May Rest On Soft Foundations
May 31If You Like EPS Growth Then Check Out Ban Leong Technologies (SGX:B26) Before It's Too Late
May 27Our Take On The Returns On Capital At Ban Leong Technologies (SGX:B26)
Mar 05Founder Woo Boon Teng Just Bought A Handful Of Shares In Ban Leong Technologies Limited (SGX:B26)
Feb 05Will Ban Leong Technologies (SGX:B26) Multiply In Value Going Forward?
Nov 21Financial Position Analysis
Short Term Liabilities: B26's short term assets (SGD77.3M) exceed its short term liabilities (SGD35.4M).
Long Term Liabilities: B26's short term assets (SGD77.3M) exceed its long term liabilities (SGD290.3K).
Debt to Equity History and Analysis
Debt Level: B26 has more cash than its total debt.
Reducing Debt: B26's debt to equity ratio has reduced from 19.4% to 6.3% over the past 5 years.
Debt Coverage: B26's debt is well covered by operating cash flow (591.1%).
Interest Coverage: B26's interest payments on its debt are well covered by EBIT (52.5x coverage).