Simpple Balance Sheet Health
Financial Health criteria checks 3/6
Simpple has a total shareholder equity of SGD3.5M and total debt of SGD1.7M, which brings its debt-to-equity ratio to 46.9%. Its total assets and total liabilities are SGD8.8M and SGD5.2M respectively.
Key information
46.9%
Debt to equity ratio
S$1.66m
Debt
| Interest coverage ratio | n/a |
| Cash | S$1.22m |
| Equity | S$3.55m |
| Total liabilities | S$5.22m |
| Total assets | S$8.76m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SPPL's short term assets (SGD6.9M) exceed its short term liabilities (SGD4.6M).
Long Term Liabilities: SPPL's short term assets (SGD6.9M) exceed its long term liabilities (SGD620.5K).
Debt to Equity History and Analysis
Debt Level: SPPL's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SPPL's debt to equity ratio has reduced 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: Insufficient data to determine if SPPL has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SPPL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.