JE Cleantech Holdings Balance Sheet Health
Financial Health criteria checks 3/6
JE Cleantech Holdings has a total shareholder equity of SGD16.7M and total debt of SGD8.0M, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are SGD35.5M and SGD18.8M respectively. JE Cleantech Holdings's EBIT is SGD1.0M making its interest coverage ratio 2. It has cash and short-term investments of SGD5.1M.
Key information
47.8%
Debt to equity ratio
S$7.98m
Debt
| Interest coverage ratio | 2x |
| Cash | S$5.09m |
| Equity | S$16.71m |
| Total liabilities | S$18.78m |
| Total assets | S$35.49m |
Recent financial health updates
Recent updates
There Are Reasons To Feel Uneasy About JE Cleantech Holdings' (NASDAQ:JCSE) Returns On Capital
Mar 20
Returns On Capital At JE Cleantech Holdings (NASDAQ:JCSE) Paint A Concerning Picture
Dec 04JE Cleantech Holdings (NASDAQ:JCSE) Will Want To Turn Around Its Return Trends
Aug 17Positive Sentiment Still Eludes JE Cleantech Holdings Limited (NASDAQ:JCSE) Following 26% Share Price Slump
Jun 24JE Cleantech Holdings (NASDAQ:JCSE) May Have Issues Allocating Its Capital
May 01Financial Position Analysis
Short Term Liabilities: JCSE's short term assets (SGD26.7M) exceed its short term liabilities (SGD13.8M).
Long Term Liabilities: JCSE's short term assets (SGD26.7M) exceed its long term liabilities (SGD5.0M).
Debt to Equity History and Analysis
Debt Level: JCSE's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if JCSE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: JCSE's debt is not well covered by operating cash flow (17.2%).
Interest Coverage: JCSE's interest payments on its debt are not well covered by EBIT (2x coverage).