Springview Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Springview Holdings has a total shareholder equity of SGD2.1M and total debt of SGD1.0M, which brings its debt-to-equity ratio to 48.8%. Its total assets and total liabilities are SGD6.6M and SGD4.5M respectively. Springview Holdings's EBIT is SGD3.0M making its interest coverage ratio 29.2. It has cash and short-term investments of SGD163.5K.
Key information
48.8%
Debt to equity ratio
S$1.03m
Debt
| Interest coverage ratio | 29.2x |
| Cash | S$163.51k |
| Equity | S$2.12m |
| Total liabilities | S$4.47m |
| Total assets | S$6.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPHL's short term assets (SGD5.6M) exceed its short term liabilities (SGD3.0M).
Long Term Liabilities: SPHL's short term assets (SGD5.6M) exceed its long term liabilities (SGD1.5M).
Debt to Equity History and Analysis
Debt Level: SPHL's net debt to equity ratio (41.1%) is considered high.
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 (29.2x coverage).