ComfortDelGro Balance Sheet Health
Financial Health criteria checks 6/6
ComfortDelGro has a total shareholder equity of SGD3.0B and total debt of SGD350.3M, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are SGD4.7B and SGD1.7B respectively. ComfortDelGro's EBIT is SGD265.7M making its interest coverage ratio -40.9. It has cash and short-term investments of SGD856.9M.
Key information
11.6%
Debt to equity ratio
S$350.30m
Debt
Interest coverage ratio | -40.9x |
Cash | S$856.90m |
Equity | S$3.01b |
Total liabilities | S$1.68b |
Total assets | S$4.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CDGL.Y's short term assets (SGD1.6B) exceed its short term liabilities (SGD1.1B).
Long Term Liabilities: CDGL.Y's short term assets (SGD1.6B) exceed its long term liabilities (SGD584.2M).
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 reduced from 16% to 11.6% over the past 5 years.
Debt Coverage: CDGL.Y's debt is well covered by operating cash flow (128.2%).
Interest Coverage: CDGL.Y earns more interest than it pays, so coverage of interest payments is not a concern.