Singapore Post Balance Sheet Health
Financial Health criteria checks 3/6
Singapore Post has a total shareholder equity of SGD1.4B and total debt of SGD611.7M, which brings its debt-to-equity ratio to 45%. Its total assets and total liabilities are SGD2.7B and SGD1.4B respectively. Singapore Post's EBIT is SGD83.5M making its interest coverage ratio 4.8. It has cash and short-term investments of SGD449.4M.
Key information
45.0%
Debt to equity ratio
S$611.72m
Debt
Interest coverage ratio | 4.8x |
Cash | S$449.44m |
Equity | S$1.36b |
Total liabilities | S$1.39b |
Total assets | S$2.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPST.Y's short term assets (SGD705.2M) exceed its short term liabilities (SGD674.2M).
Long Term Liabilities: SPST.Y's short term assets (SGD705.2M) do not cover its long term liabilities (SGD713.2M).
Debt to Equity History and Analysis
Debt Level: SPST.Y's net debt to equity ratio (11.9%) is considered satisfactory.
Reducing Debt: SPST.Y's debt to equity ratio has increased from 17.1% to 45% over the past 5 years.
Debt Coverage: SPST.Y's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: SPST.Y's interest payments on its debt are well covered by EBIT (4.8x coverage).