Fisher & Paykel Healthcare Balance Sheet Health
Financial Health criteria checks 6/6
Fisher & Paykel Healthcare has a total shareholder equity of NZ$1.8B and total debt of NZ$114.2M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are NZ$2.3B and NZ$522.6M respectively. Fisher & Paykel Healthcare's EBIT is NZ$353.4M making its interest coverage ratio 23.7. It has cash and short-term investments of NZ$82.0M.
Key information
6.5%
Debt to equity ratio
NZ$114.20m
Debt
| Interest coverage ratio | 23.7x |
| Cash | NZ$82.00m |
| Equity | NZ$1.76b |
| Total liabilities | NZ$522.60m |
| Total assets | NZ$2.28b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FPH's short term assets (NZ$704.9M) exceed its short term liabilities (NZ$385.0M).
Long Term Liabilities: FPH's short term assets (NZ$704.9M) exceed its long term liabilities (NZ$137.6M).
Debt to Equity History and Analysis
Debt Level: FPH's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: FPH's debt to equity ratio has reduced from 9.5% to 6.5% over the past 5 years.
Debt Coverage: FPH's debt is well covered by operating cash flow (376.2%).
Interest Coverage: FPH's interest payments on its debt are well covered by EBIT (23.7x coverage).