Rectitude Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Rectitude Holdings has a total shareholder equity of SGD13.3M and total debt of SGD3.7M, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are SGD29.9M and SGD16.6M respectively. Rectitude Holdings's EBIT is SGD4.4M making its interest coverage ratio 28.5. It has cash and short-term investments of SGD3.4M.
Key information
27.6%
Debt to equity ratio
S$3.68m
Debt
| Interest coverage ratio | 28.5x |
| Cash | S$3.36m |
| Equity | S$13.33m |
| Total liabilities | S$16.58m |
| Total assets | S$29.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RECT's short term assets (SGD19.9M) exceed its short term liabilities (SGD10.2M).
Long Term Liabilities: RECT's short term assets (SGD19.9M) exceed its long term liabilities (SGD6.4M).
Debt to Equity History and Analysis
Debt Level: RECT's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if RECT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RECT's debt is well covered by operating cash flow (133.6%).
Interest Coverage: RECT's interest payments on its debt are well covered by EBIT (28.5x coverage).