ICP Balance Sheet Health
Financial Health criteria checks 5/6
ICP has a total shareholder equity of SGD33.7M and total debt of SGD18.4M, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are SGD56.7M and SGD23.0M respectively. ICP's EBIT is SGD3.5M making its interest coverage ratio 4.3. It has cash and short-term investments of SGD8.6M.
Key information
54.6%
Debt to equity ratio
S$18.42m
Debt
Interest coverage ratio | 4.3x |
Cash | S$8.59m |
Equity | S$33.74m |
Total liabilities | S$22.97m |
Total assets | S$56.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5I4's short term assets (SGD10.1M) exceed its short term liabilities (SGD5.9M).
Long Term Liabilities: 5I4's short term assets (SGD10.1M) do not cover its long term liabilities (SGD17.1M).
Debt to Equity History and Analysis
Debt Level: 5I4's net debt to equity ratio (29.1%) is considered satisfactory.
Reducing Debt: 5I4's debt to equity ratio has reduced from 90.8% to 54.6% over the past 5 years.
Debt Coverage: 5I4's debt is well covered by operating cash flow (32.1%).
Interest Coverage: 5I4's interest payments on its debt are well covered by EBIT (4.3x coverage).