Alliance Healthcare Group Balance Sheet Health
Financial Health criteria checks 4/6
Alliance Healthcare Group has a total shareholder equity of SGD23.0M and total debt of SGD13.0M, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are SGD82.9M and SGD59.9M respectively. Alliance Healthcare Group's EBIT is SGD841.2K making its interest coverage ratio 1.1. It has cash and short-term investments of SGD18.6M.
Key information
56.4%
Debt to equity ratio
S$12.98m
Debt
| Interest coverage ratio | 1.1x |
| Cash | S$18.65m |
| Equity | S$23.01m |
| Total liabilities | S$59.90m |
| Total assets | S$82.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIJ's short term assets (SGD57.4M) exceed its short term liabilities (SGD54.0M).
Long Term Liabilities: MIJ's short term assets (SGD57.4M) exceed its long term liabilities (SGD5.9M).
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 increased from 31.9% to 56.4% over the past 5 years.
Debt Coverage: MIJ's debt is well covered by operating cash flow (34.4%).
Interest Coverage: MIJ's interest payments on its debt are not well covered by EBIT (1.1x coverage).