ComfortDelGro Balance Sheet Health
Financial Health criteria checks 5/6
ComfortDelGro has a total shareholder equity of SGD3.0B and total debt of SGD677.2M, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are SGD5.1B and SGD2.1B respectively. ComfortDelGro's EBIT is SGD288.0M making its interest coverage ratio -72. It has cash and short-term investments of SGD883.7M.
Key information
22.2%
Debt to equity ratio
S$677.20m
Debt
| Interest coverage ratio | -72x |
| Cash | S$883.70m |
| Equity | S$3.05b |
| Total liabilities | S$2.08b |
| Total assets | S$5.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CDGL.Y's short term assets (SGD1.8B) exceed its short term liabilities (SGD1.3B).
Long Term Liabilities: CDGL.Y's short term assets (SGD1.8B) exceed its long term liabilities (SGD808.4M).
Debt to Equity History and Analysis
Debt Level: CDGL.Y has more cash than its total debt.
Reducing Debt: CDGL.Y's debt to equity ratio has increased from 18.7% to 22.2% over the past 5 years.
Debt Coverage: CDGL.Y's debt is well covered by operating cash flow (77.7%).
Interest Coverage: CDGL.Y earns more interest than it pays, so coverage of interest payments is not a concern.