GRP Balance Sheet Health
Financial Health criteria checks 5/6
GRP has a total shareholder equity of SGD33.8M and total debt of SGD481.0K, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are SGD46.7M and SGD12.9M respectively. GRP's EBIT is SGD1.5M making its interest coverage ratio -3.1. It has cash and short-term investments of SGD18.3M.
Key information
1.4%
Debt to equity ratio
S$481.00k
Debt
| Interest coverage ratio | -3.1x |
| Cash | S$18.30m |
| Equity | S$33.77m |
| Total liabilities | S$12.89m |
| Total assets | S$46.66m |
Recent financial health updates
Recent updates
Some Confidence Is Lacking In GRP Limited (SGX:BLU) As Shares Slide 38%
Sep 25
Revenues Tell The Story For GRP Limited (SGX:BLU) As Its Stock Soars 46%
Jul 15After Leaping 41% GRP Limited (SGX:BLU) Shares Are Not Flying Under The Radar
May 28Further Upside For GRP Limited (SGX:BLU) Shares Could Introduce Price Risks After 89% Bounce
Apr 12Even With A 89% Surge, Cautious Investors Are Not Rewarding GRP Limited's (SGX:BLU) Performance Completely
Apr 12We're Not Very Worried About GRP's (SGX:BLU) Cash Burn Rate
Jan 01
Financial Position Analysis
Short Term Liabilities: BLU's short term assets (SGD45.4M) exceed its short term liabilities (SGD12.5M).
Long Term Liabilities: BLU's short term assets (SGD45.4M) exceed its long term liabilities (SGD398.0K).
Debt to Equity History and Analysis
Debt Level: BLU has more cash than its total debt.
Reducing Debt: BLU's debt to equity ratio has increased from 0% to 1.4% over the past 5 years.
Debt Coverage: BLU's debt is well covered by operating cash flow (137.6%).
Interest Coverage: BLU earns more interest than it pays, so coverage of interest payments is not a concern.