Springview Holdings Ltd Class A (SPHL) Balance Sheet

NASDAQ: SPHLAssets, liabilities, debt and equity over 4 years.

SPHL balance sheet, 2025

December 31, 2025 · Singapore dollars

S$10.6M assets = S$3.7M liabilities + S$6.9M equity

What it ownsS$10.6MCash & ST investments: S$3.8M (36.0%)Cash & ST investmentsS$3.8M · 36%Receivables: S$5.9M (55.5%)ReceivablesS$5.9M · 55%Other current: S$251,269 (2.4%)PP&E: S$483,427 (4.6%)Other non-current: S$159,874 (1.5%)=How it is financedS$10.6MCurrent liabilities: S$2.9M (27.8%)Current liabilitiesS$2.9M · 28%Long-term debt: S$359,071 (3.4%)Other LT liabilities: S$359,037 (3.4%)Shareholders’ equity: S$6.9M (65.4%)Shareholders’ equityS$6.9M · 65%

Both columns are drawn to the same scale: what SPHL owns equals what it owes plus shareholders’ equity. Hover a block for its value.

SPHL financial health

Current ratio3.37
Comfortable · current assets cover current liabilities 3.37×
Debt / equity0.15
Low leverage · S$0.15 of debt for each $1 of equity
Equity / assets65.4%
Equity-funded · of assets funded by shareholders
Cash / debt360.8%
Cash covers debt · cash & short-term investments vs total debt
Goodwill & intangibles0.0%
Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

SPHL balance sheet trends, 2022–2025

MetricTrendThenLatestChange
Total assetsS$2.8M2022S$10.6M2025+56.0%/yr
Total liabilitiesS$3.3M2022S$3.7M2025+3.5%/yr
Shareholders’ equity−S$522,3822022S$6.9M2025—
Cash & short-term investmentsS$348,6852022S$3.8M2025+121.9%/yr
Total debtS$1.1M2022S$1.1M2025−0.3%/yr
Net cash (debt)−S$717,3342022S$2.8M2025+S$3.5M
Working capital−S$539,8852022S$7.0M2025+S$7.5M
Current ratio0.8020223.372025+2.57
Debt / equity0.8520230.152025−0.69
Shares outstanding2.7M202211.5M2025+62.2%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

SPHL assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

SPHL liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

SPHL debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

SPHL balance sheet in Singapore dollars

2025202420232022
Assets
Cash & short-term investmentsS$3.8MS$3.4MS$698,106S$348,685
Cash & equivalentsS$3.8MS$3.4MS$698,106S$348,685
ReceivablesS$5.9MS$7.3MS$5.3MS$1.8M
InventoryS$0S$0S$0S$0
Other current assetsS$251,269S$24,029S$76,249S$15,223
Total current assetsS$9.9MS$10.7MS$6.0MS$2.2M
Property, plant & equipment (net)S$483,427S$394,225S$303,033S$402,102
Goodwill & intangible assetsS$0S$0S$0S$0
Long-term investmentsS$0S$0S$0S$0
Other non-current assetsS$159,874S$406,141S$411,072S$165,811
Total assetsS$10.6MS$11.5MS$6.8MS$2.8M
Liabilities
Accounts payableS$833,095S$1.7MS$1.4MS$1.0M
Short-term debtS$588,590S$472,537S$628,947S$519,298
Deferred revenueS$18,153——S$136,464
Total current liabilitiesS$2.9MS$4.0MS$3.4MS$2.8M
Long-term debtS$359,071S$579,071S$836,662S$302,143
Lease obligationsS$478,481S$393,205S$314,734S$409,904
Other long-term liabilitiesS$359,037S$569,233S$693,773S$248,267
Total liabilitiesS$3.7MS$5.2MS$4.9MS$3.3M
Shareholders' equity
Common stock & paid-in capitalS$3,122S$2,901S$2,704S$2,016
Retained earnings (deficit)−S$2.5M−S$163,354S$867,784−S$1.5M
Accumulated other comprehensive incomeS$17,220S$250,665——
Total shareholders' equityS$6.9MS$6.4MS$1.9M−S$522,382
Key figures
Total debtS$1.1MS$1.2MS$1.6MS$1.1M
Net cash (debt)S$2.8MS$2.1M−S$882,893−S$717,334
Working capitalS$7.0MS$6.7MS$2.7M−S$539,885
Tangible book valueS$6.9MS$6.4MS$1.9M−S$522,382
Shares outstanding11.5M2.7M2.7M2.7M
Current ratio3.372.681.800.80
Quick ratio3.292.681.780.80
Debt / equity0.150.190.85—
Equity / assets65.4%55.3%27.6%−18.8%

Quarterly columns are labeled by the month the quarter ended. Figures in Singapore dollars as reported (latest annual report filed April 28, 2026); data from EODHD.

SPHL financial position

At the end of fiscal 2025 (December 31, 2025), Springview had total assets of S$10.6 million (down 8.4% from a year earlier), total liabilities of S$3.7 million and shareholders' equity of S$6.9 million. It held S$3.8 million in cash and short-term investments against S$1.1 million of debt, a net cash position of S$2.8 million. Its current ratio was 3.37. In the latest quarter (ended June 30, 2026) total assets were S$10.2 million and equity S$6.6 million.

Related: SPHL income statement, SPHL cash flow statement, SPHL key metrics. See the SPHL stock overview for the latest quote and news.

SPHL balance sheet FAQ

What are Springview's total assets?

Springview reported total assets of S$10.6 million at the end of fiscal 2025 (December 31, 2025), compared with S$11.5 million a year earlier.

How much debt does Springview have?

Springview had S$1.1 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.15.

How much cash does Springview have?

Springview held S$3.8 million in cash and short-term investments at the end of fiscal 2025; with S$1.1 million of debt that is net cash of S$2.8 million.

What is Springview's book value?

Springview's shareholders' equity (book value) was S$6.9 million at the end of fiscal 2025.

What is Springview's current ratio?

Springview had current assets of S$9.9 million and current liabilities of S$2.9 million, a current ratio of 3.37 (it can cover its short-term obligations).

Residential Construction: balance sheet