TalkMed Group Balance Sheet Health
Financial Health criteria checks 6/6
TalkMed Group has a total shareholder equity of SGD75.7M and total debt of SGD4.2M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are SGD103.9M and SGD28.1M respectively. TalkMed Group's EBIT is SGD32.8M making its interest coverage ratio -14.2. It has cash and short-term investments of SGD85.7M.
Key information
5.6%
Debt to equity ratio
S$4.23m
Debt
| Interest coverage ratio | -14.2x |
| Cash | S$85.67m |
| Equity | S$75.75m |
| Total liabilities | S$28.14m |
| Total assets | S$103.89m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 5G3's short term assets (SGD92.7M) exceed its short term liabilities (SGD24.0M).
Long Term Liabilities: 5G3's short term assets (SGD92.7M) exceed its long term liabilities (SGD4.1M).
Debt to Equity History and Analysis
Debt Level: 5G3 has more cash than its total debt.
Reducing Debt: 5G3's debt to equity ratio has reduced from 7.1% to 5.6% over the past 5 years.
Debt Coverage: 5G3's debt is well covered by operating cash flow (811.5%).
Interest Coverage: 5G3 earns more interest than it pays, so coverage of interest payments is not a concern.