Econ Healthcare (Asia) Balance Sheet Health
Financial Health criteria checks 5/6
Econ Healthcare (Asia) has a total shareholder equity of SGD38.5M and total debt of SGD4.1M, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are SGD95.7M and SGD57.2M respectively. Econ Healthcare (Asia)'s EBIT is SGD4.9M making its interest coverage ratio 4.5. It has cash and short-term investments of SGD23.8M.
Key information
10.7%
Debt to equity ratio
S$4.13m
Debt
| Interest coverage ratio | 4.5x |
| Cash | S$23.85m |
| Equity | S$38.51m |
| Total liabilities | S$57.21m |
| Total assets | S$95.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EHG's short term assets (SGD40.1M) exceed its short term liabilities (SGD25.3M).
Long Term Liabilities: EHG's short term assets (SGD40.1M) exceed its long term liabilities (SGD31.9M).
Debt to Equity History and Analysis
Debt Level: EHG has more cash than its total debt.
Reducing Debt: Insufficient data to determine if EHG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EHG's debt is well covered by operating cash flow (283.8%).
Interest Coverage: EHG's interest payments on its debt are well covered by EBIT (4.5x coverage).