Digilife Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Digilife Technologies has a total shareholder equity of SGD31.8M and total debt of SGD1.5M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are SGD39.2M and SGD7.5M respectively. Digilife Technologies's EBIT is SGD4.0M making its interest coverage ratio -13.3. It has cash and short-term investments of SGD12.7M.
Key information
4.8%
Debt to equity ratio
S$1.53m
Debt
| Interest coverage ratio | -13.3x |
| Cash | S$12.74m |
| Equity | S$31.76m |
| Total liabilities | S$7.46m |
| Total assets | S$39.22m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: BAI's short term assets (SGD32.9M) exceed its short term liabilities (SGD5.6M).
Long Term Liabilities: BAI's short term assets (SGD32.9M) 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 5.7% to 4.8% over the past 5 years.
Debt Coverage: BAI's debt is well covered by operating cash flow (223.2%).
Interest Coverage: BAI earns more interest than it pays, so coverage of interest payments is not a concern.