Cuprina Holdings (Cayman) Limited Class A (CUPR) Key Metrics
CUPR key metrics, 2021–2025
Fiscal year ended December 31, 2025 · Singapore dollarsCUPR returns How much profit the business earns on the capital it uses.
CUPR financial health Debt, liquidity and how easily interest is covered.
CUPR efficiency & capital use Working capital cycle and where the cash goes.
CUPR returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CUPR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CUPR key metrics in Singapore dollars
2021–2025| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Returns & profitability | |||||
| Return on assets (ROA) | −91.2% | −93.7% | −74.1% | −91.6% | −54.5% |
| Return on tangible assets | −55.0% | −89.4% | −70.6% | −76.2% | −54.5% |
| Free cash flow margin | — | — | — | — | −384.1% |
| Financial health | |||||
| Total debt | S$482,719 | S$254,790 | S$121,820 | S$183,635 | S$170,031 |
| Cash & short-term investments | S$3.1M | S$116,472 | S$35,263 | S$564,576 | S$767,293 |
| Net debt | −S$2.6M | S$138,318 | S$86,557 | −S$380,941 | −S$597,262 |
| Debt / equity | 0.10 | — | — | — | — |
| Debt / assets | 0.06 | 0.15 | 0.08 | 0.13 | 0.18 |
| Current ratio | 2.35 | 0.27 | 0.32 | 0.41 | 0.54 |
| Quick ratio | 2.35 | 0.27 | 0.32 | 0.41 | 0.54 |
| Interest coverage | -310.2 | -44.2 | -18.9 | -582.9 | -198.6 |
| Working capital | S$4.2M | −S$4.4M | −S$3.0M | −S$1.8M | −S$701,106 |
| Invested capital | S$2.4M | −S$4.3M | −S$2.8M | −S$2.2M | −S$1.3M |
| Tangible asset value | S$5.1M | −S$4.5M | −S$2.9M | −S$1.8M | −S$683,522 |
| Net current asset value | S$3.9M | −S$4.5M | −S$3.0M | −S$1.9M | −S$828,383 |
| Capital allocation | |||||
| Capex / revenue | 116.7% | 45.3% | 67.5% | 28.4% | 4.9% |
| Capex / depreciation | 1.59 | 0.52 | 1.94 | 0.55 | 0.10 |
| R&D / revenue | 454.7% | 499.5% | 166.4% | 517.5% | 478.2% |
| SG&A / revenue | 8,807.8% | 2,626.7% | 827.1% | 1,467.1% | 424.2% |
| Efficiency | |||||
| Days sales outstanding | 1,373.2 | 1,251.5 | 1,180.6 | 1,481.8 | 121.8 |
| Days of inventory on hand | — | 33.4 | 40.3 | 32.4 | — |
| Days payables outstanding | 4.3 | 0.0 | 0.0 | 1.1 | 2.3 |
| Cash conversion cycle (days) | 1,375.2 | 1,284.9 | 1,220.9 | 1,513.1 | 119.5 |
| Receivables turnover | 0.27 | 0.29 | 0.31 | 0.25 | 3.00 |
| Payables turnover | 85.88 | — | — | 332.92 | 161.12 |
| Inventory turnover | — | 10.93 | 9.06 | 11.27 | — |
| Asset turnover | 0.01 | 0.03 | 0.07 | 0.05 | 0.06 |
| Average receivables | S$187,712 | S$165,680 | S$325,964 | S$229,782 | S$19,523 |
| Average payables | S$588 | S$0 | S$0 | S$110 | S$220 |
| Average inventory | S$865 | S$4,698 | S$7,083 | S$3,250 | S$0 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from CUPR's annual financial statements (latest annual report filed April 27, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in Singapore dollars; data from EODHD. Averages use the opening and closing balance of each year.
CUPR valuation and financial ratios
It ended the year with S$0.5 million of debt and S$3.1 million in cash and short-term investments, a net cash position of S$2.6 million.
See the CUPR income statement, the CUPR chart for price history, or the CUPR stock overview for the latest quote and news.
CUPR key metrics FAQ
How much debt does Cuprina have?
Cuprina had total debt of S$0.5 million at the end of fiscal 2025, a debt-to-equity ratio of 0.10 and more cash than debt.
What is Cuprina's current ratio?
Cuprina's current ratio was 2.35 at the end of fiscal 2025: current assets were 2.35 times current liabilities.