Clearbridge Health Balance Sheet Health
Financial Health criteria checks 5/6
Clearbridge Health has a total shareholder equity of SGD13.3M and total debt of SGD5.1M, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are SGD23.9M and SGD10.6M respectively.
Key information
38.2%
Debt to equity ratio
S$5.07m
Debt
Interest coverage ratio | n/a |
Cash | S$5.13m |
Equity | S$13.28m |
Total liabilities | S$10.64m |
Total assets | S$23.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1H3's short term assets (SGD8.5M) exceed its short term liabilities (SGD4.9M).
Long Term Liabilities: 1H3's short term assets (SGD8.5M) exceed its long term liabilities (SGD5.7M).
Debt to Equity History and Analysis
Debt Level: 1H3 has more cash than its total debt.
Reducing Debt: 1H3's debt to equity ratio has increased from 5.5% to 38.2% 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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 1H3 has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 28.5% each year.