Rectitude Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Rectitude Holdings has a total shareholder equity of SGD14.6M and total debt of SGD3.7M, which brings its debt-to-equity ratio to 25.2%. Its total assets and total liabilities are SGD34.2M and SGD19.6M respectively. Rectitude Holdings's EBIT is SGD4.2M making its interest coverage ratio 19.4. It has cash and short-term investments of SGD3.5M.
Key information
25.2%
Debt to equity ratio
S$3.67m
Debt
| Interest coverage ratio | 19.4x |
| Cash | S$3.47m |
| Equity | S$14.59m |
| Total liabilities | S$19.62m |
| Total assets | S$34.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RECT's short term assets (SGD23.6M) exceed its short term liabilities (SGD12.7M).
Long Term Liabilities: RECT's short term assets (SGD23.6M) exceed its long term liabilities (SGD6.9M).
Debt to Equity History and Analysis
Debt Level: RECT's net debt to equity ratio (1.4%) 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 (114.4%).
Interest Coverage: RECT's interest payments on its debt are well covered by EBIT (19.4x coverage).