Ratios	Dec 24	Dec 24	Dec 23	Dec 23
Liquidity Ratios
Current Ratio	―	2.92	2.92	2.92	2.92
Quick Ratio	―	2.92	2.92	2.92	2.92
Cash Ratio	―	2.57	2.57	2.42	2.42
Solvency Ratio	―	0.52	0.52	0.55	0.55
Operating Cash Flow Ratio	―	1.16	1.16	1.10	1.10
Short-Term Operating Cash Flow Coverage	―	0.00	0.00	0.00	0.00
Net Current Asset Value	S$ ―	S$ 45.33M	S$ 45.33M	S$ 43.50M	S$ 43.50M
Leverage Ratios
Debt-to-Assets Ratio	―	0.06	0.06	0.03	0.03
Debt-to-Equity Ratio	―	0.12	0.12	0.07	0.07
Debt-to-Capital Ratio	―	0.11	0.11	0.06	0.06
Long-Term Debt-to-Capital Ratio	―	0.00	0.00	0.00	0.00
Financial Leverage Ratio	―	2.00	2.00	1.89	1.89
Debt Service Coverage Ratio	―	152.92	152.92	208.11	208.11
Interest Coverage Ratio	―	139.85	139.85	187.17	187.17
Debt to Market Cap	―	0.00	0.00	0.00	0.00
Interest Debt Per Share	―	0.03	0.03	0.01	0.01
Net Debt to EBITDA	―	-1.72	-1.72	-1.73	-1.73
Profitability Margins
Gross Profit Margin	―	79.23%	79.23%	78.30%	78.30%
EBIT Margin	―	51.48%	51.48%	49.49%	49.49%
EBITDA Margin	―	59.43%	59.43%	57.61%	57.61%
Operating Profit Margin	―	46.59%	46.59%	44.07%	44.07%
Pretax Profit Margin	―	51.15%	51.15%	49.26%	49.26%
Net Profit Margin	―	18.82%	18.82%	18.17%	18.17%
Continuous Operations Profit Margin	―	42.67%	42.67%	40.64%	40.64%
Net Income Per EBT	―	36.80%	36.80%	36.88%	36.88%
EBT Per EBIT	―	109.78%	109.78%	111.78%	111.78%
Return on Assets (ROA)	―	10.86%	10.86%	10.50%	10.50%
Return on Equity (ROE)	―	21.71%	21.71%	19.88%	19.88%
Return on Capital Employed (ROCE)	―	35.92%	35.92%	34.10%	34.10%
Return on Invested Capital (ROIC)	―	29.20%	29.20%	27.38%	27.38%
Return on Tangible Assets	―	12.04%	12.04%	11.81%	11.81%
Earnings Yield	―	4.13%	4.13%	4.69%	4.69%
Efficiency Ratios
Receivables Turnover	―	8.75	8.75	7.98	7.98
Payables Turnover	―	19.23	19.23	17.25	17.25
Inventory Turnover	―	0.00	0.00	0.00	0.00
Fixed Asset Turnover	―	6.45	6.45	7.06	7.06
Asset Turnover	―	0.58	0.58	0.58	0.58
Working Capital Turnover Ratio	―	1.25	1.25	1.28	1.28
Cash Conversion Cycle	―	22.73	22.73	24.60	24.60
Days of Sales Outstanding	―	41.72	41.72	45.75	45.75
Days of Inventory Outstanding	―	0.00	0.00	0.00	0.00
Days of Payables Outstanding	―	18.98	18.98	21.15	21.15
Operating Cycle	―	41.72	41.72	45.75	45.75
Cash Flow Ratios
Operating Cash Flow Per Share	―	0.13	0.13	0.11	0.11
Free Cash Flow Per Share	―	0.12	0.12	0.11	0.11
CapEx Per Share	―	<0.01	<0.01	<0.01	<0.01
Free Cash Flow to Operating Cash Flow	―	0.95	0.95	0.95	0.95
Dividend Paid and CapEx Coverage Ratio	―	1.36	1.36	1.38	1.38
Capital Expenditure Coverage Ratio	―	18.96	18.96	20.71	20.71
Operating Cash Flow Coverage Ratio	―	4.96	4.96	7.97	7.97
Operating Cash Flow to Sales Ratio	―	0.51	0.51	0.48	0.48
Free Cash Flow Yield	―	10.53%	10.53%	11.86%	11.86%
Valuation Ratios
Price-to-Earnings (P/E) Ratio	―	24.19	24.19	21.30	21.30
Price-to-Sales (P/S) Ratio	―	4.55	4.55	3.87	3.87
Price-to-Book (P/B) Ratio	―	5.25	5.25	4.23	4.23
Price-to-Free Cash Flow (P/FCF) Ratio	―	9.50	9.50	8.43	8.43
Price-to-Operating Cash Flow Ratio	―	9.00	9.00	8.03	8.03
Price-to-Earnings Growth (PEG) Ratio	―	1.69	1.69	1.25	1.25
Price-to-Fair Value	―	5.25	5.25	4.23	4.23
Enterprise Value Multiple	―	5.95	5.95	4.99	4.99
Enterprise Value	―	210.95M	210.95M	155.59M	155.59M
EV to EBITDA	―	5.95	5.95	4.99	4.99
EV to Sales	―	3.53	3.53	2.87	2.87
EV to Free Cash Flow	―	7.37	7.37	6.26	6.26
EV to Operating Cash Flow	―	6.98	6.98	5.96	5.96
Tangible Book Value Per Share	―	0.27	0.27	0.25	0.25
Shareholders’ Equity Per Share	―	0.22	0.22	0.21	0.21
Tax and Other Ratios
Effective Tax Rate	―	0.17	0.17	0.17	0.17
Revenue Per Share	―	0.26	0.26	0.24	0.24
Net Income Per Share	―	0.05	0.05	0.04	0.04
Tax Burden	―	0.37	0.37	0.37	0.37
Interest Burden	―	0.99	0.99	1.00	1.00
Research & Development to Revenue	―	0.00	0.00	0.00	0.00
SG&A to Revenue	―	0.00	0.00	0.00	0.00
Stock-Based Compensation to Revenue	―	0.00	0.00	0.00	0.00
Income Quality	―	0.99	0.99	0.98	0.98

Credit Bureau Asia Limited (TCU) Ratios

Credit Bureau Asia Limited Ratios