Singhe Hospitals Balance Sheet Health
Financial Health criteria checks 4/6
Singhe Hospitals has a total shareholder equity of LKR481.4M and total debt of LKR270.1M, which brings its debt-to-equity ratio to 56.1%. Its total assets and total liabilities are LKR994.1M and LKR512.7M respectively. Singhe Hospitals's EBIT is LKR85.1M making its interest coverage ratio 1.4. It has cash and short-term investments of LKR33.4M.
Key information
56.1%
Debt to equity ratio
LK₨270.13m
Debt
Interest coverage ratio | 1.4x |
Cash | LK₨33.36m |
Equity | LK₨481.42m |
Total liabilities | LK₨512.67m |
Total assets | LK₨994.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SINH.N0000's short term assets (LKR196.4M) exceed its short term liabilities (LKR180.3M).
Long Term Liabilities: SINH.N0000's short term assets (LKR196.4M) do not cover its long term liabilities (LKR332.4M).
Debt to Equity History and Analysis
Debt Level: SINH.N0000's net debt to equity ratio (49.2%) is considered high.
Reducing Debt: SINH.N0000's debt to equity ratio has reduced from 86.8% to 56.1% 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: Whilst unprofitable SINH.N0000 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SINH.N0000 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 44% per year.