GRP Balance Sheet Health
Financial Health criteria checks 4/6
GRP has a total shareholder equity of SGD32.9M and total debt of SGD576.0K, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are SGD45.4M and SGD12.6M respectively. GRP's EBIT is SGD1.6M making its interest coverage ratio -3.3. It has cash and short-term investments of SGD17.6M.
Key information
1.8%
Debt to equity ratio
S$576.00k
Debt
| Interest coverage ratio | -3.3x |
| Cash | S$17.58m |
| Equity | S$32.86m |
| Total liabilities | S$12.55m |
| Total assets | S$45.41m |
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 (SGD44.1M) exceed its short term liabilities (SGD12.0M).
Long Term Liabilities: BLU's short term assets (SGD44.1M) exceed its long term liabilities (SGD567.0K).
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 1.2% to 1.8% over the past 5 years.
Debt Coverage: BLU's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BLU earns more interest than it pays, so coverage of interest payments is not a concern.