Clearbridge Health Balance Sheet Health
Financial Health criteria checks 2/6
Clearbridge Health has a total shareholder equity of SGD9.2M and total debt of SGD4.7M, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are SGD18.9M and SGD9.6M respectively.
Key information
50.4%
Debt to equity ratio
S$4.65m
Debt
| Interest coverage ratio | n/a |
| Cash | S$1.24m |
| Equity | S$9.24m |
| Total liabilities | S$9.62m |
| Total assets | S$18.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1H3's short term assets (SGD4.5M) do not cover its short term liabilities (SGD7.6M).
Long Term Liabilities: 1H3's short term assets (SGD4.5M) exceed its long term liabilities (SGD2.0M).
Debt to Equity History and Analysis
Debt Level: 1H3's net debt to equity ratio (36.9%) is considered satisfactory.
Reducing Debt: 1H3's debt to equity ratio has increased from 39.7% to 50.4% 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: 1H3 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 1H3 has less than a year of cash runway if free cash flow continues to grow at historical rates of 24.1% each year.