Broadway Industrial Group Balance Sheet Health
Financial Health criteria checks 6/6
Broadway Industrial Group has a total shareholder equity of SGD88.9M and total debt of SGD3.8M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are SGD197.2M and SGD108.4M respectively. Broadway Industrial Group's EBIT is SGD4.4M making its interest coverage ratio 34.3. It has cash and short-term investments of SGD34.6M.
Key information
4.3%
Debt to equity ratio
S$3.85m
Debt
| Interest coverage ratio | 34.3x |
| Cash | S$34.65m |
| Equity | S$88.86m |
| Total liabilities | S$108.36m |
| Total assets | S$197.22m |
Recent financial health updates
Is Broadway Industrial Group (SGX:B69) Using Debt Sensibly?
Nov 24
Is Broadway Industrial Group (SGX:B69) Using Too Much Debt?
Aug 23Is Broadway Industrial Group (SGX:B69) Using Too Much Debt?
Mar 02These 4 Measures Indicate That Broadway Industrial Group (SGX:B69) Is Using Debt Reasonably Well
Dec 09
Recent updates
Broadway Industrial Group Limited (SGX:B69) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Apr 16Getting In Cheap On Broadway Industrial Group Limited (SGX:B69) Is Unlikely
Mar 02Is Broadway Industrial Group (SGX:B69) Using Debt Sensibly?
Nov 24Is Broadway Industrial Group (SGX:B69) Using Too Much Debt?
Aug 23Is Broadway Industrial Group (SGX:B69) Using Too Much Debt?
Mar 02Estimating The Fair Value Of Broadway Industrial Group Limited (SGX:B69)
Jul 22A Look At The Intrinsic Value Of Broadway Industrial Group Limited (SGX:B69)
Nov 08Broadway Industrial Group Limited's (SGX:B69) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Feb 08Broadway Industrial Group (SGX:B69) Shareholders Have Enjoyed A 22% Share Price Gain
Jan 04These 4 Measures Indicate That Broadway Industrial Group (SGX:B69) Is Using Debt Reasonably Well
Dec 09Financial Position Analysis
Short Term Liabilities: B69's short term assets (SGD129.6M) exceed its short term liabilities (SGD101.0M).
Long Term Liabilities: B69's short term assets (SGD129.6M) exceed its long term liabilities (SGD7.3M).
Debt to Equity History and Analysis
Debt Level: B69 has more cash than its total debt.
Reducing Debt: B69's debt to equity ratio has reduced from 47.9% to 4.3% over the past 5 years.
Debt Coverage: B69's debt is well covered by operating cash flow (481.2%).
Interest Coverage: B69's interest payments on its debt are well covered by EBIT (34.3x coverage).