GKE Balance Sheet Health
Financial Health criteria checks 6/6
GKE has a total shareholder equity of SGD92.3M and total debt of SGD50.3M, which brings its debt-to-equity ratio to 54.5%. Its total assets and total liabilities are SGD193.1M and SGD100.8M respectively. GKE's EBIT is SGD9.1M making its interest coverage ratio 3.5. It has cash and short-term investments of SGD27.1M.
Key information
54.5%
Debt to equity ratio
S$50.26m
Debt
Interest coverage ratio | 3.5x |
Cash | S$27.11m |
Equity | S$92.26m |
Total liabilities | S$100.83m |
Total assets | S$193.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 595's short term assets (SGD68.2M) exceed its short term liabilities (SGD43.8M).
Long Term Liabilities: 595's short term assets (SGD68.2M) exceed its long term liabilities (SGD57.0M).
Debt to Equity History and Analysis
Debt Level: 595's net debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: 595's debt to equity ratio has reduced from 97.7% to 54.5% over the past 5 years.
Debt Coverage: 595's debt is well covered by operating cash flow (47.1%).
Interest Coverage: 595's interest payments on its debt are well covered by EBIT (3.5x coverage).