Fitness Champs Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Fitness Champs Holdings has a total shareholder equity of SGD26.0K and total debt of SGD1.0M, which brings its debt-to-equity ratio to 3980.8%. Its total assets and total liabilities are SGD1.8M and SGD1.8M respectively. Fitness Champs Holdings's EBIT is SGD720.0K making its interest coverage ratio 36. It has cash and short-term investments of SGD447.0K.
Key information
3,980.8%
Debt to equity ratio
S$1.04m
Debt
| Interest coverage ratio | 36x |
| Cash | S$447.00k |
| Equity | S$26.00k |
| Total liabilities | S$1.82m |
| Total assets | S$1.84m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: FCHL's short term assets (SGD1.2M) do not cover its short term liabilities (SGD1.4M).
Long Term Liabilities: FCHL's short term assets (SGD1.2M) exceed its long term liabilities (SGD422.0K).
Debt to Equity History and Analysis
Debt Level: FCHL's net debt to equity ratio (2261.5%) is considered high.
Reducing Debt: Insufficient data to determine if FCHL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: FCHL's debt is well covered by operating cash flow (55.8%).
Interest Coverage: FCHL's interest payments on its debt are well covered by EBIT (36x coverage).