Asiatic Group (Holdings) Balance Sheet Health
Financial Health criteria checks 3/6
Asiatic Group (Holdings) has a total shareholder equity of SGD23.0M and total debt of SGD14.7M, which brings its debt-to-equity ratio to 63.9%. Its total assets and total liabilities are SGD53.1M and SGD30.1M respectively. Asiatic Group (Holdings)'s EBIT is SGD2.2M making its interest coverage ratio 2.5. It has cash and short-term investments of SGD2.2M.
Key information
63.9%
Debt to equity ratio
S$14.69m
Debt
Interest coverage ratio | 2.5x |
Cash | S$2.19m |
Equity | S$23.00m |
Total liabilities | S$30.14m |
Total assets | S$53.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5CR's short term assets (SGD14.2M) do not cover its short term liabilities (SGD24.0M).
Long Term Liabilities: 5CR's short term assets (SGD14.2M) exceed its long term liabilities (SGD6.1M).
Debt to Equity History and Analysis
Debt Level: 5CR's net debt to equity ratio (54.4%) is considered high.
Reducing Debt: 5CR's debt to equity ratio has increased from 47% to 63.9% 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 5CR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 5CR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 46.4% per year.