Healius Balance Sheet Health
Financial Health criteria checks 3/6
Healius has a total shareholder equity of A$1.1B and total debt of A$412.7M, which brings its debt-to-equity ratio to 39.3%. Its total assets and total liabilities are A$3.0B and A$2.0B respectively. Healius's EBIT is A$74.4M making its interest coverage ratio 1.1. It has cash and short-term investments of A$85.7M.
Key information
39.3%
Debt to equity ratio
AU$412.70m
Debt
| Interest coverage ratio | 1.1x |
| Cash | AU$85.70m |
| Equity | AU$1.05b |
| Total liabilities | AU$1.97b |
| Total assets | AU$3.02b |
Recent financial health updates
Recent updates
Is Healius Limited (ASX:HLS) Trading At A 50% Discount?
Mar 15
At AU$3.07, Is It Time To Put Healius Limited (ASX:HLS) On Your Watch List?
Feb 06Here's Why Healius (ASX:HLS) Can Manage Its Debt Responsibly
Dec 02Is Now An Opportune Moment To Examine Healius Limited (ASX:HLS)?
Oct 13Are Investors Undervaluing Healius Limited (ASX:HLS) By 48%?
Aug 02Why Healius Limited (ASX:HLS) Could Be Worth Watching
May 23Healius Limited's (ASX:HLS) Prospects Need A Boost To Lift Shares
Apr 02Healius (ASX:HLS) Is Paying Out A Larger Dividend Than Last Year
Feb 25Financial Position Analysis
Short Term Liabilities: HLS's short term assets (A$314.8M) do not cover its short term liabilities (A$596.9M).
Long Term Liabilities: HLS's short term assets (A$314.8M) do not cover its long term liabilities (A$1.4B).
Debt to Equity History and Analysis
Debt Level: HLS's net debt to equity ratio (31.1%) is considered satisfactory.
Reducing Debt: HLS's debt to equity ratio has increased from 37.2% to 39.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable HLS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HLS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 22.9% per year.