ISEC Healthcare Balance Sheet Health
Financial Health criteria checks 5/6
ISEC Healthcare has a total shareholder equity of SGD85.1M and total debt of SGD2.0M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are SGD109.4M and SGD24.3M respectively. ISEC Healthcare's EBIT is SGD17.3M making its interest coverage ratio 27. It has cash and short-term investments of SGD19.2M.
Key information
2.3%
Debt to equity ratio
S$1.95m
Debt
Interest coverage ratio | 27x |
Cash | S$19.22m |
Equity | S$85.12m |
Total liabilities | S$24.28m |
Total assets | S$109.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 40T's short term assets (SGD27.3M) exceed its short term liabilities (SGD14.2M).
Long Term Liabilities: 40T's short term assets (SGD27.3M) exceed its long term liabilities (SGD10.1M).
Debt to Equity History and Analysis
Debt Level: 40T has more cash than its total debt.
Reducing Debt: 40T's debt to equity ratio has increased from 0% to 2.3% over the past 5 years.
Debt Coverage: 40T's debt is well covered by operating cash flow (859.8%).
Interest Coverage: 40T's interest payments on its debt are well covered by EBIT (27x coverage).