SBS Transit Balance Sheet Health

Financial Health criteria checks 6/6

SBS Transit has a total shareholder equity of SGD682.1M and total debt of SGD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SGD1.2B and SGD490.1M respectively. SBS Transit's EBIT is SGD76.7M making its interest coverage ratio -6.8. It has cash and short-term investments of SGD372.0M.

Key information

Debt to equity ratio

S$0

Debt

Interest coverage ratio	-6.8x
Cash	S$371.97m
Equity	S$682.08m
Total liabilities	S$490.11m
Total assets	S$1.17b

Recent financial health updates

We Think SBS Transit (SGX:S61) Can Stay On Top Of Its Debt

Mar 26

SBS Transit (SGX:S61) Seems To Use Debt Quite Sensibly

Dec 03

Recent updates

SBS Transit (SGX:S61) Is Due To Pay A Dividend Of SGD0.0558

Apr 26

SBS Transit (SGX:S61) Will Pay A Larger Dividend Than Last Year At SGD0.0558

Aug 18

SBS Transit (SGX:S61) Has Announced That Its Dividend Will Be Reduced To S$0.025

Apr 29

SBS Transit Ltd's (SGX:S61) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

Mar 04

Does SBS Transit's (SGX:S61) Statutory Profit Adequately Reflect Its Underlying Profit?

Feb 04

Is SBS Transit (SGX:S61) A Future Multi-bagger?

Jan 14

Did You Participate In Any Of SBS Transit's (SGX:S61) Respectable 78% Return?

Dec 24

SBS Transit (SGX:S61) Seems To Use Debt Quite Sensibly

Dec 03

Financial Position Analysis

Short Term Liabilities: S61's short term assets (SGD796.3M) exceed its short term liabilities (SGD412.3M).

Long Term Liabilities: S61's short term assets (SGD796.3M) exceed its long term liabilities (SGD77.8M).

Debt to Equity History and Analysis

Debt Level: S61 is debt free.

Reducing Debt: S61 has no debt compared to 5 years ago when its debt to equity ratio was 15%.

Debt Coverage: S61 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: S61 has no debt, therefore coverage of interest payments is not a concern.

SBS Transit Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

We Think SBS Transit (SGX:S61) Can Stay On Top Of Its Debt

SBS Transit (SGX:S61) Seems To Use Debt Quite Sensibly

Recent updates

SBS Transit (SGX:S61) Is Due To Pay A Dividend Of SGD0.0558

SBS Transit Ltd Announces Board and Committee Changes

Full year 2023 earnings released: EPS: S$0.22 (vs S$0.22 in FY 2022)

SBS Transit Ltd, Annual General Meeting, Apr 25, 2024

Final dividend increased to S$0.056

Full year 2023 earnings released: EPS: S$0.22 (vs S$0.22 in FY 2022)

SBS Transit Ltd to Report Fiscal Year 2023 Results on Feb 27, 2024

SBS Transit Ltd Announces Changes to the Composition of the Board and Board Committees, Effective 1 January 2024

Third quarter 2023 earnings released: EPS: S$0.057 (vs S$0.054 in 3Q 2022)

SBS Transit Ltd Announces Changes to the Composition of the Board and Board Committees

SBS Transit (SGX:S61) Will Pay A Larger Dividend Than Last Year At SGD0.0558

First half 2023 earnings released: EPS: S$0.11 (vs S$0.11 in 1H 2022)

Upcoming dividend of S$0.054 per share at 4.0% yield

High number of new directors

Full year 2022 earnings released: EPS: S$0.22 (vs S$0.17 in FY 2021)

Full year 2022 earnings released

SBS Transit Ltd Announces Executive Changes

SBS Transit Ltd Declares Tax-Exempt One-Tier Interim Dividend, Payable on 25 August 2022

First half 2022 earnings released

High number of new directors

Consensus forecasts updated

High number of new directors

Upcoming dividend of S$0.025 per share

SBS Transit (SGX:S61) Has Announced That Its Dividend Will Be Reduced To S$0.025

Sbs Transit Ltd Announces Retirement of Yang Ban Seng as Deputy Chairman and Non-Independent Non-Executive Director

High number of new directors

SBS Transit's (SGX:S61) Dividend Will Be Reduced To S$0.025

SBS Transit Ltd Announces Executive Appointments

SBS Transit (SGX:S61) Will Pay A Smaller Dividend Than Last Year

Consensus forecasts updated

SBS Transit (SGX:S61) Is Reducing Its Dividend To S$0.025

Full year 2021 earnings: Revenues in line with analyst expectations

SBS Transit Ltd Proposes Final Dividend for the Financial Year Ended 31 December 2021, Payable on 26 May 2022

SBS Transit Ltd to Report Fiscal Year 2021 Results on Feb 23, 2022

Consensus forecasts updated

Director has left the company

Independent Non-Executive Director has left the company

Upcoming dividend of S$0.063 per share

Returns On Capital Are A Standout For SBS Transit (SGX:S61)

Full year 2020 earnings released: EPS S$0.25 (vs S$0.26 in FY 2019)

We Think SBS Transit (SGX:S61) Can Stay On Top Of Its Debt

SBS Transit Ltd's (SGX:S61) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

Executive Deputy Chairman Ban Seng Yang has left the company

SBS Transit Ltd Announces Cessation of Yang Ban Seng as Executive Deputy Chairman

Revenue and earnings beat expectations

Full year 2020 earnings released

Does SBS Transit's (SGX:S61) Statutory Profit Adequately Reflect Its Underlying Profit?

SBS Transit Ltd to Report Fiscal Year 2020 Results on Feb 09, 2021

Is SBS Transit (SGX:S61) A Future Multi-bagger?

Did You Participate In Any Of SBS Transit's (SGX:S61) Respectable 78% Return?

SBS Transit Ltd Teams Up with RATP Dev to Deliver World-Class Metro Services in Singapore

SBS Transit (SGX:S61) Seems To Use Debt Quite Sensibly

New 90-day high: S$2.91

SBS Transit Ltd Announces No Interim Dividend for Fiscal Year 2020

Earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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