Healthway Medical Balance Sheet Health
Financial Health criteria checks 5/6
Healthway Medical has a total shareholder equity of SGD205.2M and total debt of SGD597.0K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are SGD266.9M and SGD61.7M respectively. Healthway Medical's EBIT is SGD24.4M making its interest coverage ratio 14.4. It has cash and short-term investments of SGD36.5M.
Key information
0.3%
Debt to equity ratio
S$597.00k
Debt
Interest coverage ratio | 14.4x |
Cash | S$36.47m |
Equity | S$205.19m |
Total liabilities | S$61.73m |
Total assets | S$266.91m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5NG's short term assets (SGD66.0M) exceed its short term liabilities (SGD35.7M).
Long Term Liabilities: 5NG's short term assets (SGD66.0M) exceed its long term liabilities (SGD26.0M).
Debt to Equity History and Analysis
Debt Level: 5NG has more cash than its total debt.
Reducing Debt: 5NG's debt to equity ratio has increased from 0.1% to 0.3% over the past 5 years.
Debt Coverage: 5NG's debt is well covered by operating cash flow (2735%).
Interest Coverage: 5NG's interest payments on its debt are well covered by EBIT (14.4x coverage).