Healius Balance Sheet Health
Financial Health criteria checks 3/6
Healius has a total shareholder equity of A$1.5B and total debt of A$562.1M, which brings its debt-to-equity ratio to 37.3%. Its total assets and total liabilities are A$3.7B and A$2.1B respectively. Healius's EBIT is A$98.1M making its interest coverage ratio 1.6. It has cash and short-term investments of A$115.3M.
Key information
37.3%
Debt to equity ratio
AU$562.10m
Debt
Interest coverage ratio | 1.6x |
Cash | AU$115.30m |
Equity | AU$1.51b |
Total liabilities | AU$2.15b |
Total assets | AU$3.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HLSNB's short term assets (A$344.3M) do not cover its short term liabilities (A$629.6M).
Long Term Liabilities: HLSNB's short term assets (A$344.3M) do not cover its long term liabilities (A$1.5B).
Debt to Equity History and Analysis
Debt Level: HLSNB's net debt to equity ratio (29.7%) is considered satisfactory.
Reducing Debt: HLSNB's debt to equity ratio has reduced from 47.4% to 37.3% over the past 5 years.
Debt Coverage: HLSNB's debt is well covered by operating cash flow (59.3%).
Interest Coverage: HLSNB's interest payments on its debt are not well covered by EBIT (1.6x coverage).