HC Surgical Specialists Balance Sheet Health
Financial Health criteria checks 5/6
HC Surgical Specialists has a total shareholder equity of SGD14.5M and total debt of SGD1.3M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are SGD27.8M and SGD13.4M respectively. HC Surgical Specialists's EBIT is SGD5.8M making its interest coverage ratio -21.3. It has cash and short-term investments of SGD8.3M.
Key information
8.9%
Debt to equity ratio
S$1.29m
Debt
| Interest coverage ratio | -21.3x |
| Cash | S$8.32m |
| Equity | S$14.47m |
| Total liabilities | S$13.37m |
| Total assets | S$27.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1B1's short term assets (SGD10.9M) exceed its short term liabilities (SGD10.5M).
Long Term Liabilities: 1B1's short term assets (SGD10.9M) exceed its long term liabilities (SGD2.8M).
Debt to Equity History and Analysis
Debt Level: 1B1 has more cash than its total debt.
Reducing Debt: 1B1's debt to equity ratio has increased from 2.5% to 8.9% over the past 5 years.
Debt Coverage: 1B1's debt is well covered by operating cash flow (489.3%).
Interest Coverage: 1B1 earns more interest than it pays, so coverage of interest payments is not a concern.