Serial System Balance Sheet Health
Financial Health criteria checks 3/6
Serial System has a total shareholder equity of $124.1M and total debt of $168.9M, which brings its debt-to-equity ratio to 136.1%. Its total assets and total liabilities are $382.1M and $258.0M respectively. Serial System's EBIT is $6.7M making its interest coverage ratio 0.6. It has cash and short-term investments of $41.8M.
Key information
136.1%
Debt to equity ratio
US$168.95m
Debt
| Interest coverage ratio | 0.6x |
| Cash | US$41.82m |
| Equity | US$124.10m |
| Total liabilities | US$258.01m |
| Total assets | US$382.11m |
Recent financial health updates
We Think Serial System (SGX:S69) Is Taking Some Risk With Its Debt
Oct 07
Serial System (SGX:S69) Has Debt But No Earnings; Should You Worry?
Apr 08Does Serial System (SGX:S69) Have A Healthy Balance Sheet?
Dec 08Serial System (SGX:S69) Seems To Be Using A Lot Of Debt
Feb 25We Think Serial System (SGX:S69) Can Stay On Top Of Its Debt
Apr 04Does Serial System (SGX:S69) Have A Healthy Balance Sheet?
Dec 18Recent updates
Serial System (SGX:S69) Hasn't Managed To Accelerate Its Returns
Dec 06We Think Serial System (SGX:S69) Is Taking Some Risk With Its Debt
Oct 07It Looks Like Serial System Ltd's (SGX:S69) CEO May Expect Their Salary To Be Put Under The Microscope
Apr 23Serial System (SGX:S69) Has Debt But No Earnings; Should You Worry?
Apr 08Does Serial System (SGX:S69) Have A Healthy Balance Sheet?
Dec 08These Return Metrics Don't Make Serial System (SGX:S69) Look Too Strong
May 12Serial System (SGX:S69) Seems To Be Using A Lot Of Debt
Feb 25Serial System (SGX:S69) Will Be Hoping To Turn Its Returns On Capital Around
Jan 17Estimating The Intrinsic Value Of Serial System Ltd (SGX:S69)
Dec 06Serial System's (SGX:S69) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Oct 11Serial System (SGX:S69) Will Be Hoping To Turn Its Returns On Capital Around
Apr 04We Think Serial System (SGX:S69) Can Stay On Top Of Its Debt
Apr 04Should You Be Worried About Serial System's (SGX:S69) Returns On Capital?
Mar 09A Look At Serial System's (SGX:S69) Share Price Returns
Feb 10Does Serial System (SGX:S69) Have A Healthy Balance Sheet?
Dec 18Financial Position Analysis
Short Term Liabilities: S69's short term assets ($325.3M) exceed its short term liabilities ($252.9M).
Long Term Liabilities: S69's short term assets ($325.3M) exceed its long term liabilities ($5.1M).
Debt to Equity History and Analysis
Debt Level: S69's net debt to equity ratio (102.4%) is considered high.
Reducing Debt: S69's debt to equity ratio has increased from 101% to 136.1% over the past 5 years.
Debt Coverage: S69's debt is well covered by operating cash flow (23.5%).
Interest Coverage: S69's interest payments on its debt are not well covered by EBIT (0.6x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/15 08:48 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Serial System Ltd is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Suvro Sarkar | DBS Vickers Research |
| Jinshu Liu | Tayrona Financial |