Healthcare Services Group Balance Sheet Health
Financial Health criteria checks 5/6
Healthcare Services Group has a total shareholder equity of $488.7M and total debt of $25.0M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are $805.8M and $317.1M respectively. Healthcare Services Group's EBIT is $59.7M making its interest coverage ratio 31.7. It has cash and short-term investments of $103.8M.
Key information
5.1%
Debt to equity ratio
US$25.00m
Debt
| Interest coverage ratio | 31.7x |
| Cash | US$103.83m |
| Equity | US$488.75m |
| Total liabilities | US$317.09m |
| Total assets | US$805.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HS1's short term assets ($578.1M) exceed its short term liabilities ($197.2M).
Long Term Liabilities: HS1's short term assets ($578.1M) exceed its long term liabilities ($119.9M).
Debt to Equity History and Analysis
Debt Level: HS1 has more cash than its total debt.
Reducing Debt: HS1's debt to equity ratio has increased from 2.2% to 5.1% over the past 5 years.
Debt Coverage: HS1's debt is well covered by operating cash flow (176.2%).
Interest Coverage: HS1's interest payments on its debt are well covered by EBIT (31.7x coverage).