ICP Balance Sheet Health
Financial Health criteria checks 5/6
ICP has a total shareholder equity of SGD26.0M and total debt of SGD17.3M, which brings its debt-to-equity ratio to 66.6%. Its total assets and total liabilities are SGD45.7M and SGD19.7M respectively. ICP's EBIT is SGD3.3M making its interest coverage ratio 4.2. It has cash and short-term investments of SGD8.1M.
Key information
66.6%
Debt to equity ratio
S$17.33m
Debt
| Interest coverage ratio | 4.2x |
| Cash | S$8.12m |
| Equity | S$26.03m |
| Total liabilities | S$19.69m |
| Total assets | S$45.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5I4's short term assets (SGD11.9M) do not cover its short term liabilities (SGD18.9M).
Long Term Liabilities: 5I4's short term assets (SGD11.9M) exceed its long term liabilities (SGD811.0K).
Debt to Equity History and Analysis
Debt Level: 5I4's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: 5I4's debt to equity ratio has reduced from 79.5% to 66.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 5I4 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 5I4 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 78.6% per year.