InvoCare Balance Sheet Health
Financial Health criteria checks 3/6
InvoCare has a total shareholder equity of A$638.1M and total debt of A$240.9M, which brings its debt-to-equity ratio to 37.8%. Its total assets and total liabilities are A$1.7B and A$1.1B respectively. InvoCare's EBIT is A$48.3M making its interest coverage ratio 1.3. It has cash and short-term investments of A$21.9M.
Key information
37.8%
Debt to equity ratio
AU$240.92m
Debt
Interest coverage ratio | 1.3x |
Cash | AU$21.91m |
Equity | AU$638.09m |
Total liabilities | AU$1.08b |
Total assets | AU$1.72b |
Recent financial health updates
Here's Why InvoCare (ASX:IVC) Has A Meaningful Debt Burden
Apr 24Does InvoCare (ASX:IVC) Have A Healthy Balance Sheet?
Sep 02InvoCare (ASX:IVC) Takes On Some Risk With Its Use Of Debt
Mar 07Is InvoCare (ASX:IVC) A Risky Investment?
Sep 20Recent updates
Here's Why InvoCare (ASX:IVC) Has A Meaningful Debt Burden
Apr 24InvoCare (ASX:IVC) Will Be Hoping To Turn Its Returns On Capital Around
Feb 27InvoCare Limited's (ASX:IVC) Intrinsic Value Is Potentially 55% Above Its Share Price
Nov 02Does InvoCare (ASX:IVC) Have A Healthy Balance Sheet?
Sep 02Be Wary Of InvoCare (ASX:IVC) And Its Returns On Capital
May 23InvoCare (ASX:IVC) Takes On Some Risk With Its Use Of Debt
Mar 07InvoCare (ASX:IVC) Will Want To Turn Around Its Return Trends
Jan 06InvoCare Limited (ASX:IVC) Shares Could Be 24% Below Their Intrinsic Value Estimate
Nov 04Is InvoCare (ASX:IVC) A Risky Investment?
Sep 20There Are Reasons To Feel Uneasy About InvoCare's (ASX:IVC) Returns On Capital
Aug 30Is There An Opportunity With InvoCare Limited's (ASX:IVC) 23% Undervaluation?
Jul 06When Should You Buy InvoCare Limited (ASX:IVC)?
May 11InvoCare (ASX:IVC) Might Be Having Difficulty Using Its Capital Effectively
Apr 18Calculating The Fair Value Of InvoCare Limited (ASX:IVC)
Mar 14InvoCare's (ASX:IVC) Stock Price Has Reduced 21% In The Past Three Years
Feb 16Should You Use InvoCare's (ASX:IVC) Statutory Earnings To Analyse It?
Jan 29How Does InvoCare Limited (ASX:IVC) Fare As A Dividend Stock?
Jan 11Is InvoCare (ASX:IVC) A Risky Investment?
Dec 24InvoCare Limited's (ASX:IVC) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Dec 09Calculating The Fair Value Of InvoCare Limited (ASX:IVC)
Nov 23Financial Position Analysis
Short Term Liabilities: IVC's short term assets (A$193.0M) exceed its short term liabilities (A$138.6M).
Long Term Liabilities: IVC's short term assets (A$193.0M) do not cover its long term liabilities (A$940.7M).
Debt to Equity History and Analysis
Debt Level: IVC's net debt to equity ratio (34.3%) is considered satisfactory.
Reducing Debt: IVC's debt to equity ratio has reduced from 197.3% to 37.8% over the past 5 years.
Debt Coverage: IVC's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: IVC's interest payments on its debt are not well covered by EBIT (1.3x coverage).