iFAST Balance Sheet Health
Financial Health criteria checks 5/6
iFAST has a total shareholder equity of SGD285.7M and total debt of SGD111.9M, which brings its debt-to-equity ratio to 39.2%. Its total assets and total liabilities are SGD1.3B and SGD1.0B respectively. iFAST's EBIT is SGD83.5M making its interest coverage ratio 4.7. It has cash and short-term investments of SGD737.3M.
Key information
39.2%
Debt to equity ratio
S$111.88m
Debt
| Interest coverage ratio | 4.7x |
| Cash | S$737.34m |
| Equity | S$285.67m |
| Total liabilities | S$1.03b |
| Total assets | S$1.31b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: IFST.F's short term assets (SGD1.1B) exceed its short term liabilities (SGD905.0M).
Long Term Liabilities: IFST.F's short term assets (SGD1.1B) exceed its long term liabilities (SGD121.0M).
Debt to Equity History and Analysis
Debt Level: IFST.F has more cash than its total debt.
Reducing Debt: IFST.F's debt to equity ratio has increased from 11.6% to 39.2% over the past 5 years.
Debt Coverage: IFST.F's debt is well covered by operating cash flow (485.9%).
Interest Coverage: IFST.F's interest payments on its debt are well covered by EBIT (4.7x coverage).