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Virtus Health Balance Sheet Health
Financial Health criteria checks 4/6
Key information
28.2%
Debt to equity ratio
AU$95.97m
Debt
| Interest coverage ratio | 6.4x |
| Cash | AU$18.48m |
| Equity | AU$340.31m |
| Total liabilities | AU$249.16m |
| Total assets | AU$589.47m |
Recent financial health updates
Here's Why Virtus Health (ASX:VRT) Can Manage Its Debt Responsibly
Mar 29
Is Virtus Health (ASX:VRT) A Risky Investment?
Nov 25Recent updates
Virtus Health (ASX:VRT) Will Pay A Dividend Of AU$0.12
Mar 03What Is Virtus Health Limited's (ASX:VRT) Share Price Doing?
Dec 14Slowing Rates Of Return At Virtus Health (ASX:VRT) Leave Little Room For Excitement
Jun 03Is Now An Opportune Moment To Examine Virtus Health Limited (ASX:VRT)?
May 14Virtus Health Limited's (ASX:VRT) Intrinsic Value Is Potentially 73% Above Its Share Price
Apr 13Here's Why Virtus Health (ASX:VRT) Can Manage Its Debt Responsibly
Mar 29Is Virtus Health Limited (ASX:VRT) Popular Amongst Institutions?
Mar 17Virtus Health Limited's (ASX:VRT) Financial Prospects Don't Look Very Positive: Could It Mean A Stock Price Drop In The Future?
Mar 05Some Investors May Be Willing To Look Past Virtus Health's (ASX:VRT) Soft Earnings
Feb 22What Do The Returns On Capital At Virtus Health (ASX:VRT) Tell Us?
Feb 16Virtus Health (ASX:VRT) Shareholders Have Enjoyed A 23% Share Price Gain
Jan 26Need To Know: Virtus Health Limited (ASX:VRT) Insiders Have Been Buying Shares
Jan 05
What Type Of Shareholders Own The Most Number of Virtus Health Limited (ASX:VRT) Shares?
Dec 13Is Virtus Health (ASX:VRT) A Risky Investment?
Nov 25There Is A Reason Virtus Health Limited's (ASX:VRT) Price Is Undemanding
Aug 13How Much Are Virtus Health Limited (ASX:VRT) Insiders Spending On Buying Shares?
Jul 29What Does Virtus Health Limited's (ASX:VRT) Share Price Indicate?
Jul 14Financial Position Analysis
Short Term Liabilities: VRT's short term assets (A$38.6M) do not cover its short term liabilities (A$71.1M).
Long Term Liabilities: VRT's short term assets (A$38.6M) do not cover its long term liabilities (A$178.1M).
Debt to Equity History and Analysis
Debt Level: VRT's net debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: VRT's debt to equity ratio has reduced from 59.8% to 28.2% over the past 5 years.
Debt Coverage: VRT's debt is well covered by operating cash flow (56.7%).
Interest Coverage: VRT's interest payments on its debt are well covered by EBIT (6.4x coverage).