Frasers Property Balance Sheet Health
Financial Health criteria checks 2/6
Frasers Property has a total shareholder equity of SGD18.2B and total debt of SGD16.5B, which brings its debt-to-equity ratio to 90.9%. Its total assets and total liabilities are SGD39.8B and SGD21.6B respectively. Frasers Property's EBIT is SGD1.1B making its interest coverage ratio 2.6. It has cash and short-term investments of SGD2.7B.
Key information
92.6%
Debt to equity ratio
S$16.85b
Debt
Interest coverage ratio | 2.6x |
Cash | S$2.66b |
Equity | S$18.20b |
Total liabilities | S$21.58b |
Total assets | S$39.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FSRP.F's short term assets (SGD7.7B) exceed its short term liabilities (SGD6.6B).
Long Term Liabilities: FSRP.F's short term assets (SGD7.7B) do not cover its long term liabilities (SGD14.9B).
Debt to Equity History and Analysis
Debt Level: FSRP.F's net debt to equity ratio (76.3%) is considered high.
Reducing Debt: FSRP.F's debt to equity ratio has reduced from 105.1% to 90.9% over the past 5 years.
Debt Coverage: FSRP.F's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: FSRP.F's interest payments on its debt are not well covered by EBIT (2.6x coverage).