Springview Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Springview Holdings has a total shareholder equity of SGD1.9M and total debt of SGD1.3M, which brings its debt-to-equity ratio to 67.8%. Its total assets and total liabilities are SGD6.8M and SGD4.9M respectively. Springview Holdings's EBIT is SGD3.0M making its interest coverage ratio 38. It has cash and short-term investments of SGD698.1K.
Key information
67.8%
Debt to equity ratio
S$1.27m
Debt
| Interest coverage ratio | 38x |
| Cash | S$698.11k |
| Equity | S$1.87m |
| Total liabilities | S$4.89m |
| Total assets | S$6.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPHL's short term assets (SGD6.0M) exceed its short term liabilities (SGD3.4M).
Long Term Liabilities: SPHL's short term assets (SGD6.0M) exceed its long term liabilities (SGD1.5M).
Debt to Equity History and Analysis
Debt Level: SPHL's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SPHL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SPHL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SPHL's interest payments on its debt are well covered by EBIT (38x coverage).