Select Medical Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Select Medical Holdings has a total shareholder equity of $2.3B and total debt of $3.2B, which brings its debt-to-equity ratio to 137.2%. Its total assets and total liabilities are $8.0B and $5.7B respectively. Select Medical Holdings's EBIT is $607.2M making its interest coverage ratio 3.1. It has cash and short-term investments of $191.5M.
Key information
137.2%
Debt to equity ratio
US$3.16b
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$191.47m |
| Equity | US$2.30b |
| Total liabilities | US$5.70b |
| Total assets | US$8.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S24's short term assets ($1.4B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: S24's short term assets ($1.4B) do not cover its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: S24's net debt to equity ratio (128.9%) is considered high.
Reducing Debt: S24's debt to equity ratio has reduced from 179.6% to 137.2% over the past 5 years.
Debt Coverage: S24's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: S24's interest payments on its debt are well covered by EBIT (3.1x coverage).