Thomson Medical Group Balance Sheet Health
Financial Health criteria checks 1/6
Thomson Medical Group has a total shareholder equity of SGD563.3M and total debt of SGD1.1B, which brings its debt-to-equity ratio to 196.5%. Its total assets and total liabilities are SGD1.9B and SGD1.3B respectively. Thomson Medical Group's EBIT is SGD64.5M making its interest coverage ratio 2.2. It has cash and short-term investments of SGD261.1M.
Key information
196.5%
Debt to equity ratio
S$1.11b
Debt
Interest coverage ratio | 2.2x |
Cash | S$261.14m |
Equity | S$563.28m |
Total liabilities | S$1.33b |
Total assets | S$1.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3H5's short term assets (SGD424.6M) exceed its short term liabilities (SGD304.5M).
Long Term Liabilities: 3H5's short term assets (SGD424.6M) do not cover its long term liabilities (SGD1.0B).
Debt to Equity History and Analysis
Debt Level: 3H5's net debt to equity ratio (150.1%) is considered high.
Reducing Debt: 3H5's debt to equity ratio has increased from 75% to 196.5% over the past 5 years.
Debt Coverage: 3H5's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: 3H5's interest payments on its debt are not well covered by EBIT (2.2x coverage).