Fraser and Neave Balance Sheet Health
Financial Health criteria checks 5/6
Fraser and Neave has a total shareholder equity of SGD3.4B and total debt of SGD1.2B, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are SGD5.1B and SGD1.7B respectively. Fraser and Neave's EBIT is SGD178.2M making its interest coverage ratio 5.8. It has cash and short-term investments of SGD516.5M.
Key information
34.1%
Debt to equity ratio
S$1.15b
Debt
Interest coverage ratio | 5.8x |
Cash | S$516.50m |
Equity | S$3.37b |
Total liabilities | S$1.74b |
Total assets | S$5.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FNEV.Y's short term assets (SGD1.2B) exceed its short term liabilities (SGD733.5M).
Long Term Liabilities: FNEV.Y's short term assets (SGD1.2B) exceed its long term liabilities (SGD1.0B).
Debt to Equity History and Analysis
Debt Level: FNEV.Y's net debt to equity ratio (18.8%) is considered satisfactory.
Reducing Debt: FNEV.Y's debt to equity ratio has increased from 20.5% to 34.1% over the past 5 years.
Debt Coverage: FNEV.Y's debt is well covered by operating cash flow (22.8%).
Interest Coverage: FNEV.Y's interest payments on its debt are well covered by EBIT (5.8x coverage).