Capitol Health Balance Sheet Health
Financial Health criteria checks 2/6
Capitol Health has a total shareholder equity of A$110.7M and total debt of A$82.8M, which brings its debt-to-equity ratio to 74.8%. Its total assets and total liabilities are A$319.5M and A$208.8M respectively. Capitol Health's EBIT is A$22.2M making its interest coverage ratio 3. It has cash and short-term investments of A$24.2M.
Key information
74.8%
Debt to equity ratio
AU$82.80m
Debt
| Interest coverage ratio | 3x |
| Cash | AU$24.19m |
| Equity | AU$110.66m |
| Total liabilities | AU$208.82m |
| Total assets | AU$319.48m |
Recent financial health updates
Capitol Health (ASX:CAJ) Takes On Some Risk With Its Use Of Debt
Dec 15
Capitol Health (ASX:CAJ) Seems To Use Debt Rather Sparingly
May 28Recent updates
Calculating The Fair Value Of Capitol Health Limited (ASX:CAJ)
Jun 17Capitol Health Limited's (ASX:CAJ) Popularity With Investors Is Clear
Jan 15Capitol Health (ASX:CAJ) Takes On Some Risk With Its Use Of Debt
Dec 15Is Capitol Health Limited (ASX:CAJ) Worth AU$0.3 Based On Its Intrinsic Value?
Oct 22Capitol Health (ASX:CAJ) Seems To Use Debt Rather Sparingly
May 28Should You Investigate Capitol Health Limited (ASX:CAJ) At AU$0.37?
Apr 16Capitol Health Limited's (ASX:CAJ) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Mar 05Have Insiders Been Selling Capitol Health Limited (ASX:CAJ) Shares This Year?
Feb 14Did You Miss Capitol Health's (ASX:CAJ) 20% Share Price Gain?
Jan 19
Is Capitol Health Limited's (ASX:CAJ) Shareholder Ownership Skewed Towards Insiders?
Dec 22Capitol Health Limited's (ASX:CAJ) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Dec 01Here's Why We Don't Think Capitol Health's (ASX:CAJ) Statutory Earnings Reflect Its Underlying Earnings Potential
Aug 17Is Now An Opportune Moment To Examine Capitol Health Limited (ASX:CAJ)?
Jul 25Is Capitol Health Limited's (ASX:CAJ) Latest Stock Performance A Reflection Of Its Financial Health?
Jul 04Financial Position Analysis
Short Term Liabilities: CAJ's short term assets (A$31.4M) do not cover its short term liabilities (A$70.8M).
Long Term Liabilities: CAJ's short term assets (A$31.4M) do not cover its long term liabilities (A$138.0M).
Debt to Equity History and Analysis
Debt Level: CAJ's net debt to equity ratio (53%) is considered high.
Reducing Debt: CAJ's debt to equity ratio has increased from 34.8% to 74.8% over the past 5 years.
Debt Coverage: CAJ's debt is well covered by operating cash flow (43.7%).
Interest Coverage: CAJ's interest payments on its debt are well covered by EBIT (3x coverage).