Econ Healthcare (Asia) (SGX:EHG) Cash-to-Debt : 0.64 (As of Sep. 2023)

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What is Econ Healthcare (Asia) Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Econ Healthcare (Asia)'s cash to debt ratio for the quarter that ended in Sep. 2023 was 0.64.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Econ Healthcare (Asia) couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Econ Healthcare (Asia)'s Cash-to-Debt or its related term are showing as below:

SGX:EHG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18 Med: 0.45 Max: 0.78
Current: 0.64

During the past 7 years, Econ Healthcare (Asia)'s highest Cash to Debt Ratio was 0.78. The lowest was 0.18. And the median was 0.45.

SGX:EHG's Cash-to-Debt is ranked worse than
50.91% of 662 companies
in the Healthcare Providers & Services industry
Industry Median: 0.69 vs SGX:EHG: 0.64

Econ Healthcare (Asia) Cash-to-Debt Historical Data

The historical data trend for Econ Healthcare (Asia)'s Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Econ Healthcare (Asia) Cash-to-Debt Chart

Econ Healthcare (Asia) Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

0.24

0.18

0.41

0.52

0.54

Econ Healthcare (Asia) Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial						0.78	0.52	0.50	0.54	0.64

Competitive Comparison of Econ Healthcare (Asia)'s Cash-to-Debt

For the Medical Care Facilities subindustry, Econ Healthcare (Asia)'s Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Econ Healthcare (Asia)'s Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Econ Healthcare (Asia)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Econ Healthcare (Asia)'s Cash-to-Debt falls into.

Econ Healthcare (Asia) Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Econ Healthcare (Asia)'s Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	25.376	/	(10.055	+	37.341)
	=	0.54

Econ Healthcare (Asia)'s Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	23.847	/	(8.576	+	28.726)
	=	0.64

Econ Healthcare (Asia) (SGX:EHG) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Econ Healthcare (Asia) Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Econ Healthcare (Asia)'s Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Econ Healthcare (Asia) (SGX:EHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Econ Healthcare (Asia) Ltd (SGX:EHG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

160 Changi Road, No. 05-01-13, Hexacube, Singapore, SGP, 419728

Website

https://www.econhealthcare.com

Econ Healthcare (Asia) Ltd is a private nursing home operator in Singapore and Malaysia. The operating business segments are Medicare Centres and Nursing Homes and Other Operations and Ancillary Services. The company derives maximum revenue from the provision of medicare centres and the nursing home segment. Geographically it derives a majority of its revenue from Singapore.

Econ Healthcare (Asia) (SGX:EHG) Headlines

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