Econ Healthcare (Asia) Balance Sheet Health
Financial Health criteria checks 5/6
Econ Healthcare (Asia) has a total shareholder equity of SGD47.7M and total debt of SGD2.4M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are SGD96.7M and SGD49.0M respectively. Econ Healthcare (Asia)'s EBIT is SGD9.2M making its interest coverage ratio 8. It has cash and short-term investments of SGD18.4M.
Key information
5.1%
Debt to equity ratio
S$2.42m
Debt
| Interest coverage ratio | 8x |
| Cash | S$18.40m |
| Equity | S$47.69m |
| Total liabilities | S$49.00m |
| Total assets | S$96.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EHG's short term assets (SGD31.0M) exceed its short term liabilities (SGD18.8M).
Long Term Liabilities: EHG's short term assets (SGD31.0M) exceed its long term liabilities (SGD30.2M).
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 (646.9%).
Interest Coverage: EHG's interest payments on its debt are well covered by EBIT (8x coverage).