AsiaMedic Balance Sheet Health
Financial Health criteria checks 5/6
AsiaMedic has a total shareholder equity of SGD13.2M and total debt of SGD493.0K, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are SGD28.9M and SGD15.7M respectively. AsiaMedic's EBIT is SGD106.1K making its interest coverage ratio 0.4. It has cash and short-term investments of SGD8.1M.
Key information
3.7%
Debt to equity ratio
S$493.00k
Debt
| Interest coverage ratio | 0.4x |
| Cash | S$8.06m |
| Equity | S$13.16m |
| Total liabilities | S$15.75m |
| Total assets | S$28.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505's short term assets (SGD13.6M) exceed its short term liabilities (SGD6.8M).
Long Term Liabilities: 505's short term assets (SGD13.6M) exceed its long term liabilities (SGD9.0M).
Debt to Equity History and Analysis
Debt Level: 505 has more cash than its total debt.
Reducing Debt: 505's debt to equity ratio has reduced from 135.2% to 3.7% over the past 5 years.
Debt Coverage: 505's debt is well covered by operating cash flow (501.8%).
Interest Coverage: 505's interest payments on its debt are not well covered by EBIT (0.4x coverage).