Digilife Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Digilife Technologies has a total shareholder equity of SGD30.2M and total debt of SGD562.0K, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are SGD36.5M and SGD6.3M respectively. Digilife Technologies's EBIT is SGD4.2M making its interest coverage ratio -16.4. It has cash and short-term investments of SGD11.5M.
Key information
1.9%
Debt to equity ratio
S$562.00k
Debt
| Interest coverage ratio | -16.4x |
| Cash | S$11.48m |
| Equity | S$30.19m |
| Total liabilities | S$6.34m |
| Total assets | S$36.53m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: BAI's short term assets (SGD29.9M) exceed its short term liabilities (SGD4.4M).
Long Term Liabilities: BAI's short term assets (SGD29.9M) exceed its long term liabilities (SGD1.9M).
Debt to Equity History and Analysis
Debt Level: BAI has more cash than its total debt.
Reducing Debt: BAI's debt to equity ratio has reduced from 5.5% to 1.9% over the past 5 years.
Debt Coverage: BAI's debt is well covered by operating cash flow (624.2%).
Interest Coverage: BAI earns more interest than it pays, so coverage of interest payments is not a concern.