Singapore Shipping Balance Sheet Health
Financial Health criteria checks 6/6
Singapore Shipping has a total shareholder equity of $127.6M and total debt of $26.6M, which brings its debt-to-equity ratio to 20.8%. Its total assets and total liabilities are $196.0M and $68.4M respectively. Singapore Shipping's EBIT is $7.8M making its interest coverage ratio -4.4. It has cash and short-term investments of $76.5M.
Key information
20.8%
Debt to equity ratio
US$26.55m
Debt
| Interest coverage ratio | -4.4x |
| Cash | US$76.53m |
| Equity | US$127.65m |
| Total liabilities | US$68.38m |
| Total assets | US$196.03m |
Recent financial health updates
Singapore Shipping (SGX:S19) Seems To Use Debt Quite Sensibly
Mar 14
Singapore Shipping (SGX:S19) Seems To Use Debt Quite Sensibly
Jan 01
Recent updates
Singapore Shipping (SGX:S19) Is Finding It Tricky To Allocate Its Capital
Sep 04Singapore Shipping (SGX:S19) Seems To Use Debt Quite Sensibly
Mar 14Investors Met With Slowing Returns on Capital At Singapore Shipping (SGX:S19)
Oct 26Will Singapore Shipping (SGX:S19) Multiply In Value Going Forward?
Mar 08Does Singapore Shipping's (SGX:S19) Statutory Profit Adequately Reflect Its Underlying Profit?
Feb 09Is Singapore Shipping Corporation Limited's (SGX:S19) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jan 19Singapore Shipping (SGX:S19) Seems To Use Debt Quite Sensibly
Jan 01How Much Did Singapore Shipping's(SGX:S19) Shareholders Earn From Share Price Movements Over The Last Five Years?
Dec 11Financial Position Analysis
Short Term Liabilities: S19's short term assets ($84.3M) exceed its short term liabilities ($15.5M).
Long Term Liabilities: S19's short term assets ($84.3M) exceed its long term liabilities ($52.9M).
Debt to Equity History and Analysis
Debt Level: S19 has more cash than its total debt.
Reducing Debt: S19's debt to equity ratio has reduced from 65.7% to 20.8% over the past 5 years.
Debt Coverage: S19's debt is well covered by operating cash flow (75.6%).
Interest Coverage: S19 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 08:23 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Singapore Shipping Corporation Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Edison Chen | RHB Investment Bank |
| null null | RHB Investment Bank |