Ratios	Dec 24	Dec 23	Dec 22	Dec 21
Liquidity Ratios
Current Ratio	―	0.87	1.10	1.21	1.18
Quick Ratio	―	0.87	1.10	1.21	1.18
Cash Ratio	―	0.26	0.37	0.18	0.28
Solvency Ratio	―	<0.01	0.01	0.02	0.13
Operating Cash Flow Ratio	―	-0.01	0.30	-0.04	-0.12
Short-Term Operating Cash Flow Coverage	―	-0.18	2.51	-0.38	-0.86
Net Current Asset Value	S$ ―	S$ -1.59M	S$ 305.49K	S$ 443.26K	S$ -281.35K
Leverage Ratios
Debt-to-Assets Ratio	―	0.10	0.13	0.17	0.23
Debt-to-Equity Ratio	―	0.36	0.46	0.57	1.13
Debt-to-Capital Ratio	―	0.27	0.32	0.36	0.53
Long-Term Debt-to-Capital Ratio	―	0.03	0.15	0.25	0.40
Financial Leverage Ratio	―	3.67	3.59	3.38	5.03
Debt Service Coverage Ratio	―	0.19	0.16	0.24	1.12
Interest Coverage Ratio	―	-14.67	-0.58	0.89	20.27
Debt to Market Cap	―	0.01	0.04	0.05	0.06
Interest Debt Per Share	―	0.12	0.18	0.22	0.29
Net Debt to EBITDA	―	-13.50	-10.30	2.27	0.32
Profitability Margins
Gross Profit Margin	―	9.03%	12.13%	12.97%	16.91%
EBIT Margin	―	-5.66%	0.20%	1.75%	9.80%
EBITDA Margin	―	0.77%	0.94%	2.62%	10.47%
Operating Profit Margin	―	-6.99%	-0.21%	0.44%	7.61%
Pretax Profit Margin	―	-6.14%	-0.15%	1.25%	9.42%
Net Profit Margin	―	-5.88%	0.02%	0.41%	7.82%
Continuous Operations Profit Margin	―	-5.88%	0.02%	0.41%	7.82%
Net Income Per EBT	―	95.81%	-14.06%	32.54%	83.00%
EBT Per EBIT	―	87.87%	74.44%	283.11%	123.77%
Return on Assets (ROA)	―	-5.19%	0.03%	0.40%	9.26%
Return on Equity (ROE)	―	-19.03%	0.09%	1.35%	46.52%
Return on Capital Employed (ROCE)	―	-21.94%	-0.75%	1.09%	26.98%
Return on Invested Capital (ROIC)	―	-15.90%	0.08%	0.30%	17.63%
Return on Tangible Assets	―	-5.19%	0.03%	0.40%	9.26%
Earnings Yield	―	-1.28%	<0.01%	0.11%	2.55%
Efficiency Ratios
Receivables Turnover	―	2.05	2.46	1.61	2.00
Payables Turnover	―	8.21	7.59	6.88	10.96
Inventory Turnover	―	0.00	0.00	0.00	0.00
Fixed Asset Turnover	―	3.21	5.91	4.37	5.94
Asset Turnover	―	0.88	1.19	0.98	1.18
Working Capital Turnover Ratio	―	-110.71	12.94	7.52	14.55
Cash Conversion Cycle	―	133.53	100.52	173.48	149.42
Days of Sales Outstanding	―	177.97	148.64	226.49	182.72
Days of Inventory Outstanding	―	0.00	0.00	0.00	0.00
Days of Payables Outstanding	―	44.44	48.12	53.01	33.31
Operating Cycle	―	177.97	148.64	226.49	182.72
Cash Flow Ratios
Operating Cash Flow Per Share	―	>-0.01	0.27	-0.03	-0.10
Free Cash Flow Per Share	―	-0.01	0.27	-0.04	-0.10
CapEx Per Share	―	<0.01	<0.01	<0.01	<0.01
Free Cash Flow to Operating Cash Flow	―	1.62	1.00	1.23	1.02
Dividend Paid and CapEx Coverage Ratio	―	-1.62	1.12K	-4.26	-1.11
Capital Expenditure Coverage Ratio	―	-1.62	1.12K	-4.26	-58.25
Operating Cash Flow Coverage Ratio	―	-0.08	1.54	-0.15	-0.34
Operating Cash Flow to Sales Ratio	―	>-0.01	0.17	-0.03	-0.06
Free Cash Flow Yield	―	-0.31%	5.91%	-0.86%	-2.15%
Valuation Ratios
Price-to-Earnings (P/E) Ratio	―	-78.09	13.11K	910.19	39.26
Price-to-Sales (P/S) Ratio	―	4.59	2.82	3.71	3.07
Price-to-Book (P/B) Ratio	―	14.86	12.06	12.27	18.26
Price-to-Free Cash Flow (P/FCF) Ratio	―	-322.47	16.92	-116.22	-46.55
Price-to-Operating Cash Flow Ratio	―	-520.96	16.91	-143.52	-47.35
Price-to-Earnings Growth (PEG) Ratio	―	<0.01	-139.33	-9.45	-0.08
Price-to-Fair Value	―	14.86	12.06	12.27	18.26
Enterprise Value Multiple	―	584.97	288.65	143.94	29.65
Enterprise Value	―	62.16M	59.32M	63.46M	70.55M
EV to EBITDA	―	584.97	288.65	143.94	29.65
EV to Sales	―	4.49	2.72	3.77	3.10
EV to Free Cash Flow	―	-315.19	16.34	-118.08	-47.06
EV to Operating Cash Flow	―	-509.20	16.32	-145.81	-47.87
Tangible Book Value Per Share	―	0.32	0.38	0.38	0.25
Shareholders’ Equity Per Share	―	0.32	0.38	0.38	0.25
Tax and Other Ratios
Effective Tax Rate	―	0.04	1.14	0.67	0.17
Revenue Per Share	―	1.03	1.62	1.25	1.52
Net Income Per Share	―	-0.06	<0.01	<0.01	0.12
Tax Burden	―	0.96	-0.14	0.33	0.83
Interest Burden	―	1.08	-0.76	0.72	0.96
Research & Development to Revenue	―	0.00	0.00	0.00	0.00
SG&A to Revenue	―	0.14	0.10	0.12	0.06
Stock-Based Compensation to Revenue	―	0.00	0.00	0.00	0.00
Income Quality	―	0.15	775.64	-6.34	-0.83

FBS Global Limited (FBGL) Ratios

FBS Global Limited Ratios