Fisher & Paykel Healthcare Balance Sheet Health
Financial Health criteria checks 5/6
Fisher & Paykel Healthcare has a total shareholder equity of NZ$1.8B and total debt of NZ$243.2M, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are NZ$2.4B and NZ$638.0M respectively. Fisher & Paykel Healthcare's EBIT is NZ$358.1M making its interest coverage ratio 30.6. It has cash and short-term investments of NZ$70.5M.
Key information
13.9%
Debt to equity ratio
NZ$243.20m
Debt
Interest coverage ratio | 30.6x |
Cash | NZ$70.50m |
Equity | NZ$1.75b |
Total liabilities | NZ$638.00m |
Total assets | NZ$2.39b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FPH's short term assets (NZ$729.2M) exceed its short term liabilities (NZ$286.8M).
Long Term Liabilities: FPH's short term assets (NZ$729.2M) exceed its long term liabilities (NZ$351.2M).
Debt to Equity History and Analysis
Debt Level: FPH's net debt to equity ratio (9.9%) is considered satisfactory.
Reducing Debt: FPH's debt to equity ratio has increased from 12.4% to 13.9% over the past 5 years.
Debt Coverage: FPH's debt is well covered by operating cash flow (161.5%).
Interest Coverage: FPH's interest payments on its debt are well covered by EBIT (30.6x coverage).