Healthcare Services Group Balance Sheet Health
Financial Health criteria checks 5/6
Healthcare Services Group has a total shareholder equity of $474.6M and total debt of $40.0M, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are $803.9M and $329.3M respectively. Healthcare Services Group's EBIT is $50.8M making its interest coverage ratio 6.3. It has cash and short-term investments of $104.9M.
Key information
8.4%
Debt to equity ratio
US$40.00m
Debt
Interest coverage ratio | 6.3x |
Cash | US$104.91m |
Equity | US$474.58m |
Total liabilities | US$329.30m |
Total assets | US$803.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HS1's short term assets ($580.4M) exceed its short term liabilities ($209.4M).
Long Term Liabilities: HS1's short term assets ($580.4M) 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 6.8% to 8.4% over the past 5 years.
Debt Coverage: HS1's debt is well covered by operating cash flow (84.4%).
Interest Coverage: HS1's interest payments on its debt are well covered by EBIT (6.3x coverage).