Frasers Property Balance Sheet Health
Financial Health criteria checks 2/6
Frasers Property has a total shareholder equity of SGD17.5B and total debt of SGD17.3B, which brings its debt-to-equity ratio to 99%. Its total assets and total liabilities are SGD39.6B and SGD22.2B respectively. Frasers Property's EBIT is SGD1.0B making its interest coverage ratio 2. It has cash and short-term investments of SGD2.7B.
Key information
99.0%
Debt to equity ratio
S$17.29b
Debt
| Interest coverage ratio | 2x |
| Cash | S$2.72b |
| Equity | S$17.47b |
| Total liabilities | S$22.17b |
| Total assets | S$39.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FSRP.F's short term assets (SGD7.2B) exceed its short term liabilities (SGD6.1B).
Long Term Liabilities: FSRP.F's short term assets (SGD7.2B) do not cover its long term liabilities (SGD16.1B).
Debt to Equity History and Analysis
Debt Level: FSRP.F's net debt to equity ratio (83.4%) is considered high.
Reducing Debt: FSRP.F's debt to equity ratio has reduced from 112.5% to 99% over the past 5 years.
Debt Coverage: FSRP.F's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: FSRP.F's interest payments on its debt are not well covered by EBIT (2x coverage).