Thomson Medical Group Balance Sheet Health
Financial Health criteria checks 1/6
Thomson Medical Group has a total shareholder equity of SGD578.2M and total debt of SGD1.1B, which brings its debt-to-equity ratio to 191.3%. Its total assets and total liabilities are SGD1.8B and SGD1.2B respectively. Thomson Medical Group's EBIT is SGD49.4M making its interest coverage ratio 1.1. It has cash and short-term investments of SGD170.3M.
Key information
191.3%
Debt to equity ratio
S$1.11b
Debt
| Interest coverage ratio | 1.1x |
| Cash | S$170.33m |
| Equity | S$578.18m |
| Total liabilities | S$1.23b |
| Total assets | S$1.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3H5's short term assets (SGD316.8M) exceed its short term liabilities (SGD292.1M).
Long Term Liabilities: 3H5's short term assets (SGD316.8M) do not cover its long term liabilities (SGD937.1M).
Debt to Equity History and Analysis
Debt Level: 3H5's net debt to equity ratio (161.9%) is considered high.
Reducing Debt: 3H5's debt to equity ratio has increased from 87.5% to 191.3% over the past 5 years.
Debt Coverage: 3H5's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: 3H5's interest payments on its debt are not well covered by EBIT (1.1x coverage).