Assurance Healthcare Balance Sheet Health
Financial Health criteria checks 6/6
Assurance Healthcare has a total shareholder equity of SGD7.8M and total debt of SGD223.0K, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are SGD8.8M and SGD987.0K respectively.
Key information
2.9%
Debt to equity ratio
S$223.00k
Debt
| Interest coverage ratio | n/a |
| Cash | S$3.18m |
| Equity | S$7.79m |
| Total liabilities | S$987.00k |
| Total assets | S$8.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7IQ's short term assets (SGD4.4M) exceed its short term liabilities (SGD872.0K).
Long Term Liabilities: 7IQ's short term assets (SGD4.4M) exceed its long term liabilities (SGD115.0K).
Debt to Equity History and Analysis
Debt Level: 7IQ has more cash than its total debt.
Reducing Debt: 7IQ's debt to equity ratio has reduced from 9.9% to 2.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 7IQ has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 7IQ has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 37% each year.