Serial System Balance Sheet Health
Financial Health criteria checks 3/6
Serial System has a total shareholder equity of $131.8M and total debt of $193.1M, which brings its debt-to-equity ratio to 146.5%. Its total assets and total liabilities are $399.5M and $267.6M respectively.
Key information
146.5%
Debt to equity ratio
US$193.15m
Debt
| Interest coverage ratio | n/a |
| Cash | US$46.08m |
| Equity | US$131.83m |
| Total liabilities | US$267.65m |
| Total assets | US$399.48m |
Recent financial health updates
Serial System (SGX:S69) Has Debt But No Earnings; Should You Worry?
Apr 08
Does 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
It 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 ($341.7M) exceed its short term liabilities ($254.2M).
Long Term Liabilities: S69's short term assets ($341.7M) exceed its long term liabilities ($13.5M).
Debt to Equity History and Analysis
Debt Level: S69's net debt to equity ratio (111.6%) is considered high.
Reducing Debt: S69's debt to equity ratio has reduced from 148.6% to 146.5% over the past 5 years.
Debt Coverage: S69's debt is not well covered by operating cash flow (13%).
Interest Coverage: Insufficient data to determine if S69's interest payments on its debt are well covered by EBIT.