Premium Catering (Holdings) Limited

NasdaqCM:PC Stock Report

Market Cap: US$11.3m

Premium Catering (Holdings) Balance Sheet Health

Financial Health criteria checks 2/6

Premium Catering (Holdings) has a total shareholder equity of SGD-1.5M and total debt of SGD1.1M, which brings its debt-to-equity ratio to -74.2%. Its total assets and total liabilities are SGD6.6M and SGD8.1M respectively.

Key information

-74.2%

Debt to equity ratio

S$1.08m

Debt

Interest coverage ration/a
CashS$34.24k
Equity-S$1.45m
Total liabilitiesS$8.10m
Total assetsS$6.64m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: PC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: PC has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: PC has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: PC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: Whilst unprofitable PC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: PC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 111.3% per year.


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