Alliance Healthcare Group Balance Sheet Health
Financial Health criteria checks 6/6
Alliance Healthcare Group has a total shareholder equity of SGD23.6M and total debt of SGD11.8M, which brings its debt-to-equity ratio to 50%. Its total assets and total liabilities are SGD73.8M and SGD50.1M respectively. Alliance Healthcare Group's EBIT is SGD2.0M making its interest coverage ratio 3.1. It has cash and short-term investments of SGD18.2M.
Key information
50.0%
Debt to equity ratio
S$11.80m
Debt
Interest coverage ratio | 3.1x |
Cash | S$18.17m |
Equity | S$23.62m |
Total liabilities | S$50.15m |
Total assets | S$73.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIJ's short term assets (SGD51.4M) exceed its short term liabilities (SGD37.4M).
Long Term Liabilities: MIJ's short term assets (SGD51.4M) exceed its long term liabilities (SGD12.8M).
Debt to Equity History and Analysis
Debt Level: MIJ has more cash than its total debt.
Reducing Debt: MIJ's debt to equity ratio has reduced from 56.6% to 50% over the past 5 years.
Debt Coverage: MIJ's debt is well covered by operating cash flow (36%).
Interest Coverage: MIJ's interest payments on its debt are well covered by EBIT (3.1x coverage).