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Singapore Airlines Limited (SINGY)
OTHER OTC:SINGY
US Market
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Singapore Airlines (SINGY) Ratios

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Singapore Airlines Ratios

SINGY's free cash flow for Q4 2025 was S$1.00. For the 2025 fiscal year, SINGY's free cash flow was decreased by S$ and operating cash flow was S$0.33. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
0.82 1.23 1.41 2.25 1.69
Quick Ratio
0.79 1.21 1.40 2.22 1.66
Cash Ratio
0.59 0.89 1.19 1.75 1.36
Solvency Ratio
0.13 0.18 0.14 0.04 -0.10
Operating Cash Flow Ratio
0.34 0.40 0.67 0.36 -0.60
Short-Term Operating Cash Flow Coverage
2.13 5.52 3.59 3.36 -2.63
Net Current Asset Value
S$ -15.62BS$ -11.88BS$ -10.64BS$ -9.23BS$ -11.63B
Leverage Ratios
Debt-to-Assets Ratio
0.30 0.30 0.31 0.32 0.38
Debt-to-Equity Ratio
0.82 0.82 0.77 0.71 0.90
Debt-to-Capital Ratio
0.45 0.45 0.44 0.42 0.47
Long-Term Debt-to-Capital Ratio
0.32 0.35 0.30 0.34 0.40
Financial Leverage Ratio
2.75 2.71 2.53 2.22 2.36
Debt Service Coverage Ratio
2.19 3.94 1.53 1.22 -1.08
Interest Coverage Ratio
0.00 6.43 3.22 -1.99 -6.54
Debt to Market Cap
0.47 0.35 0.16 0.19 0.29
Interest Debt Per Share
4.37 6.37 2.62 2.75 3.97
Net Debt to EBITDA
1.34 0.39 -0.19 1.52 -2.69
Profitability Margins
Gross Profit Margin
71.13%31.36%17.05%-2.61%-39.48%
EBIT Margin
15.46%18.05%17.02%-9.32%-123.11%
EBITDA Margin
17.73%29.55%29.08%18.61%-63.81%
Operating Profit Margin
8.38%14.35%9.28%-11.40%-56.01%
Pretax Profit Margin
5.86%15.97%15.01%-12.79%-126.95%
Net Profit Margin
15.91%14.07%12.13%-12.63%-111.92%
Continuous Operations Profit Margin
15.95%14.18%12.17%-12.45%-112.25%
Net Income Per EBT
271.41%88.07%80.84%98.78%88.16%
EBT Per EBIT
69.96%111.35%161.75%112.23%226.65%
Return on Assets (ROA)
7.24%6.04%4.30%-1.93%-11.36%
Return on Equity (ROE)
20.88%16.37%10.86%-4.29%-26.85%
Return on Capital Employed (ROCE)
5.64%8.63%4.52%-2.07%-6.71%
Return on Invested Capital (ROIC)
11.33%7.13%3.42%-1.71%-5.47%
Return on Tangible Assets
7.30%6.08%4.32%-1.95%-11.46%
Earnings Yield
16.05%9.63%3.13%-1.48%-10.41%
Efficiency Ratios
Receivables Turnover
12.31 13.69 12.22 4.35 4.06
Payables Turnover
1.26 3.06 3.75 3.24 3.18
Inventory Turnover
16.42 48.69 64.95 41.69 27.31
Fixed Asset Turnover
0.74 0.71 0.64 0.27 0.15
Asset Turnover
0.46 0.43 0.35 0.15 0.10
Working Capital Turnover Ratio
-7.66 4.42 2.30 1.11 -3.47
Cash Conversion Cycle
-238.78 -84.98 -61.87 -19.85 -11.73
Days of Sales Outstanding
29.66 26.66 29.86 83.92 89.87
Days of Inventory Outstanding
22.23 7.50 5.62 8.75 13.37
Days of Payables Outstanding
290.67 119.14 97.35 112.53 114.96
Operating Cycle
51.89 34.16 35.48 92.68 103.23
Cash Flow Ratios
Operating Cash Flow Per Share
1.59 2.32 1.51 0.48 -0.93
Free Cash Flow Per Share
1.00 1.71 1.23 -0.05 -1.68
CapEx Per Share
0.60 0.61 0.28 0.53 0.75
Free Cash Flow to Operating Cash Flow
0.62 0.74 0.82 -0.10 1.80
Dividend Paid and CapEx Coverage Ratio
1.47 2.06 4.61 0.91 -1.24
Capital Expenditure Coverage Ratio
2.66 3.81 5.42 0.91 -1.24
Operating Cash Flow Coverage Ratio
0.36 0.38 0.60 0.18 -0.24
Operating Cash Flow to Sales Ratio
0.24 0.27 0.51 0.37 -0.90
Free Cash Flow Yield
14.38%6.71%10.83%-0.45%-15.14%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
6.23 10.39 31.95 -67.42 -9.61
Price-to-Sales (P/S) Ratio
1.04 1.46 3.88 8.52 10.75
Price-to-Book (P/B) Ratio
1.24 1.70 3.47 2.89 2.58
Price-to-Free Cash Flow (P/FCF) Ratio
6.95 7.45 9.23 -224.25 -6.61
Price-to-Operating Cash Flow Ratio
4.13 5.50 7.53 22.88 -11.92
Price-to-Earnings Growth (PEG) Ratio
-0.92 -0.63 -0.10 0.78 -0.01
Price-to-Fair Value
1.24 1.70 3.47 2.89 2.58
Enterprise Value Multiple
7.22 5.33 13.14 47.28 -19.55
Enterprise Value
25.10B 57.76B 67.92B 67.01B 47.59B
EV to EBITDA
7.22 10.28 13.14 47.28 -19.55
EV to Sales
1.28 3.04 3.82 8.80 12.47
EV to Free Cash Flow
8.54 15.49 9.10 -231.70 -7.66
EV to Operating Cash Flow
5.33 11.43 7.42 23.64 -13.82
Tangible Book Value Per Share
5.33 7.55 3.30 3.78 4.32
Shareholders’ Equity Per Share
5.30 7.51 3.28 3.77 4.31
Tax and Other Ratios
Effective Tax Rate
-1.20 0.11 0.18 0.15 0.14
Revenue Per Share
6.64 8.73 2.94 1.28 1.03
Net Income Per Share
1.06 1.23 0.36 -0.16 -1.16
Tax Burden
2.71 0.88 0.81 0.99 0.88
Interest Burden
0.38 0.88 0.88 1.37 1.03
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.00 -0.03 0.06 0.11 0.11
Stock-Based Compensation to Revenue
<0.01 <0.01 <0.01 <0.01 <0.01
Income Quality
1.69 1.89 4.24 -2.95 0.81
Currency in SGD
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