Raffles Education Balance Sheet Health
Financial Health criteria checks 2/6
Raffles Education has a total shareholder equity of SGD695.8M and total debt of SGD275.5M, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are SGD1.2B and SGD454.2M respectively. Raffles Education's EBIT is SGD10.6M making its interest coverage ratio 0.6. It has cash and short-term investments of SGD61.1M.
Key information
39.6%
Debt to equity ratio
S$275.52m
Debt
Interest coverage ratio | 0.6x |
Cash | S$61.09m |
Equity | S$695.83m |
Total liabilities | S$454.21m |
Total assets | S$1.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RFLF.F's short term assets (SGD158.2M) do not cover its short term liabilities (SGD269.8M).
Long Term Liabilities: RFLF.F's short term assets (SGD158.2M) do not cover its long term liabilities (SGD184.4M).
Debt to Equity History and Analysis
Debt Level: RFLF.F's net debt to equity ratio (30.8%) is considered satisfactory.
Reducing Debt: RFLF.F's debt to equity ratio has reduced from 52.6% to 39.6% over the past 5 years.
Debt Coverage: RFLF.F's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: RFLF.F's interest payments on its debt are not well covered by EBIT (0.6x coverage).