Singapore Technologies Engineering Balance Sheet Health
Financial Health criteria checks 2/6
Singapore Technologies Engineering has a total shareholder equity of SGD2.9B and total debt of SGD6.1B, which brings its debt-to-equity ratio to 215%. Its total assets and total liabilities are SGD15.9B and SGD13.0B respectively. Singapore Technologies Engineering's EBIT is SGD934.7M making its interest coverage ratio 4.1. It has cash and short-term investments of SGD429.9M.
Key information
215.0%
Debt to equity ratio
S$6.14b
Debt
| Interest coverage ratio | 4.1x |
| Cash | S$429.94m |
| Equity | S$2.85b |
| Total liabilities | S$13.03b |
| Total assets | S$15.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGGK.Y's short term assets (SGD6.9B) do not cover its short term liabilities (SGD8.2B).
Long Term Liabilities: SGGK.Y's short term assets (SGD6.9B) exceed its long term liabilities (SGD4.8B).
Debt to Equity History and Analysis
Debt Level: SGGK.Y's net debt to equity ratio (199.9%) is considered high.
Reducing Debt: SGGK.Y's debt to equity ratio has increased from 67.4% to 215% over the past 5 years.
Debt Coverage: SGGK.Y's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: SGGK.Y's interest payments on its debt are well covered by EBIT (4.1x coverage).