Marco Polo Marine Balance Sheet Health
Financial Health criteria checks 5/6
Marco Polo Marine has a total shareholder equity of SGD183.9M and total debt of SGD2.3M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are SGD229.1M and SGD45.2M respectively. Marco Polo Marine's EBIT is SGD27.8M making its interest coverage ratio -18.4. It has cash and short-term investments of SGD63.1M.
Key information
1.2%
Debt to equity ratio
S$2.26m
Debt
| Interest coverage ratio | -18.4x |
| Cash | S$63.10m |
| Equity | S$183.89m |
| Total liabilities | S$45.19m |
| Total assets | S$229.08m |
Recent financial health updates
Marco Polo Marine (SGX:5LY) Seems To Use Debt Quite Sensibly
May 19
Marco Polo Marine (SGX:5LY) Has A Rock Solid Balance Sheet
Sep 29Marco Polo Marine (SGX:5LY) Is In A Strong Position To Grow Its Business
Mar 27Here's Why We're Not Too Worried About Marco Polo Marine's (SGX:5LY) Cash Burn Situation
Nov 28Recent updates
Marco Polo Marine Ltd. (SGX:5LY) Stock Rockets 25% But Many Are Still Ignoring The Company
Apr 12Marco Polo Marine (SGX:5LY) Strong Profits May Be Masking Some Underlying Issues
Jan 23Analysts Just Made A Neat Upgrade To Their Marco Polo Marine Ltd. (SGX:5LY) Forecasts
Dec 08Analysts Are Betting On Marco Polo Marine Ltd. (SGX:5LY) With A Big Upgrade This Week
Jun 13Marco Polo Marine (SGX:5LY) Seems To Use Debt Quite Sensibly
May 19Marco Polo Marine (SGX:5LY) Shareholders Will Want The ROCE Trajectory To Continue
Nov 11Marco Polo Marine (SGX:5LY) Has A Rock Solid Balance Sheet
Sep 29Is Now An Opportune Moment To Examine Marco Polo Marine Ltd. (SGX:5LY)?
Jul 27Is It Too Late To Consider Buying Marco Polo Marine Ltd. (SGX:5LY)?
Feb 24Marco Polo Marine's (SGX:5LY) Promising Earnings May Rest On Soft Foundations
Dec 02Marco Polo Marine (SGX:5LY) Is In A Strong Position To Grow Its Business
Mar 27If You Had Bought Marco Polo Marine's (SGX:5LY) Shares Five Years Ago You Would Be Down 89%
Jan 21Here's Why We're Not Too Worried About Marco Polo Marine's (SGX:5LY) Cash Burn Situation
Nov 28Financial Position Analysis
Short Term Liabilities: 5LY's short term assets (SGD119.5M) exceed its short term liabilities (SGD36.0M).
Long Term Liabilities: 5LY's short term assets (SGD119.5M) exceed its long term liabilities (SGD9.2M).
Debt to Equity History and Analysis
Debt Level: 5LY has more cash than its total debt.
Reducing Debt: 5LY's debt to equity ratio has increased from 0% to 1.2% over the past 5 years.
Debt Coverage: 5LY's debt is well covered by operating cash flow (1246.1%).
Interest Coverage: 5LY earns more interest than it pays, so coverage of interest payments is not a concern.