CSE Global Balance Sheet Health
Financial Health criteria checks 2/6
CSE Global has a total shareholder equity of SGD213.9M and total debt of SGD137.1M, which brings its debt-to-equity ratio to 64.1%. Its total assets and total liabilities are SGD571.0M and SGD357.0M respectively. CSE Global's EBIT is SGD18.6M making its interest coverage ratio 2.3. It has cash and short-term investments of SGD23.5M.
Key information
64.1%
Debt to equity ratio
S$137.11m
Debt
Interest coverage ratio | 2.3x |
Cash | S$23.45m |
Equity | S$213.91m |
Total liabilities | S$357.04m |
Total assets | S$570.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSYJ.Y's short term assets (SGD385.9M) exceed its short term liabilities (SGD313.9M).
Long Term Liabilities: CSYJ.Y's short term assets (SGD385.9M) exceed its long term liabilities (SGD43.2M).
Debt to Equity History and Analysis
Debt Level: CSYJ.Y's net debt to equity ratio (53.1%) is considered high.
Reducing Debt: CSYJ.Y's debt to equity ratio has increased from 18.8% to 64.1% over the past 5 years.
Debt Coverage: CSYJ.Y's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CSYJ.Y's interest payments on its debt are not well covered by EBIT (2.3x coverage).